The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA):
The facility is composed of four separate tranches with a 4.3% weighted average cost of debt, a fourteen-year post-completion maturity for the ECA covered tranches and a fifteen-year post-completion maturity on the uncovered tranches.
FPSO Sepetiba is owned and operated by a special purpose company owned by affiliated companies of
FPSO Sepetiba will be deployed at the Mero field in the
Corporate Profile
The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.
As of
Where references are made to
For further information, please visit our website at www.sbmoffshore.com.
The Management Board
Financial Calendar | Date | Year |
Trading Update 3Q 2021 – Press Release | 2021 | |
Full Year 2021 Earnings – Press Release | 2022 | |
Annual General Meeting | 2022 | |
Trading Update 1Q 2022 – Press Release | 2022 | |
Half Year 2022 Earnings – Press Release | 2022 |
For further information, please contact:
Investor Relations
Group Treasurer and IR
Mobile: | +31 (0) 6 21 14 10 17 |
E-mail: | bertjaap.dijkstra@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Media Relations
Group Communications Director
Mobile: | +377 (0) 6 40 62 87 35 |
E-mail: | vincent.kempkes@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Disclaimer
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Company’s business to differ materially and adversely from the forward-looking statements. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “may”, “will”, “should”, “would be”, “expects” or “anticipates” or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected.
Attachment
SBM Offshore completesUS$1.6 billion financing of Sepetiba
Source:
2021 GlobeNewswire, Inc., source