IFLR1000

Solstad Rederi NKr1.465 billion refinancing

15/2/2016
Refinancing
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NKr 1.465 billion

$ 176.129 million

Completed

15/2/2016

Overview:

  • Offshore service shipping company Solstad Rederi has undergone a NKr1.465 billion multi-currency refinancing.
  • The senior secured facility agreement of NKr1.215 billion and $30 million is being used in relation to five facilities and six offshore vessels.
  • The facility was provided by a club of five commercial banks.
  • DNB Bank acted as agent.

Kurt Stumpo - Journalist

Jurisdiction:

Norway

Deal type:

Refinancing

Practice area:

Banking

Governing law:

Norway

Industry sector:

Shipping

Firms:
Arntzen de Besche

Party: DNB Bank (Facility agent)

Wikborg Rein

Party: Solstad Rederi (Borrower)

Lawyer: Øyvind Axe

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