SBM Offshore completes US$465 million financing of FSO Chalchi

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SBM Offshore secured a US$465 million project financing for the FSO Chalchi, supported by a consortium of international banks and insurers including China Export & Credit Insurance Corporation. The funds will be drawn during the vessel's construction period to support project completion.

SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million. The project financing is provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation. The project financing will be drawn during the construction period ...