BW Offshore Limited is pleased to announce the successful refinancing of its existing Revolving Credit Facility into a new USD 220 million facility, maturing on 10 November 2028.
The new facility provided by a consortium of 9 international banks, is priced at a margin of 250 basis points above USD SOFR.
“We are pleased with the confidence our banking partners have shown in BW Offshore. The refinancing of our revolving credit facility provides increased financial flexibility and a solid foundation for future growth”, said Ståle Andreassen, Chief Financial Officer of BW Offshore.