IFLR1000

Gulf Marine Services $620 million financing

19/12/2015
Financing
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$ 620 million

Completed

19/12/2015

Overview:

  • Gulf Marine Services has taken $620 million in new financing.
  • Abu Dhabi Islamic Bank, HSBC, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, National Bank of Kuwait, ABC Islamic Bank and First Gulf Bank acted as arrangers.
  • The financing consists of both conventional and Islamic facilities.
  • Gulf Marine Services is a provider of marine support vessels to the oil, gas and energy sectors.

Sam Duke - Editor

Jurisdiction:

United Arab Emirates

Deal type:

Financing

Practice areas:

Banking
Islamic finance

Industry sectors:

Industrials and manufacturing
Transport

Firms:
Gibson Dunn & Crutcher

Party: Gulf Marine Services (Borrower)

White & Case

Party: Abu Dhabi Islamic Bank (Arranger)

Party: HSBC (Arranger)

Party: Abu Dhabi Commercial Bank (Arranger)

Party: National Bank of Abu Dhabi (Arranger)

Party: National Bank of Kuwait (Arranger)

Party: ABC Islamic Bank (Arranger)

Party: First Gulf Bank (Arranger)

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