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Fairstar Heavy Transport N.V.

Fairstar Heavy Transport N.V.

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Publicatie datum 20 mei 2012 - 16:48
Statutaire naam Fairstar Heavy Transport N.V.
Titel Fairstar Heavy Transport signs USD 247 million fleet finance facility with a Dutch banking syndicate led by ING Bank
Bericht Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction contracts for the 50,000 DWT semi-submersible vessels FORTE and FINESSE. In addition, the facility provides Fairstar with a USD 20 million tranche for the performance bonds required under the Gorgon, Ichthys and Golden Eagle contracts.