Revolving Credit Facility Refinancing

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BW Offshore: Completed refinancing into new USD 220 million Revolving Credit Facilit
Globenewswireยท 2025-09-11 14:08
Group 1 - BW Offshore Limited successfully refinanced its existing Revolving Credit Facility into a new USD 220 million facility, maturing on 10 November 2028 [1] - The new facility is provided by a consortium of 9 international banks and is priced at a margin of 250 basis points above USD SOFR [1] - The CFO of BW Offshore expressed confidence in the banking partners and highlighted that the refinancing provides increased financial flexibility and a solid foundation for future growth [2] Group 2 - BW Offshore specializes in engineering innovative floating production solutions and has a fleet of FPSOs with ambitions for growth [3] - The company leverages four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide [3] - BW Offshore employs around 1,000 individuals and is publicly listed on the Oslo stock exchange [3]