Search results for: DNB Bank

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  • 1 October 2018
    Business & Finance

    SEACOR Marine has entered into a USD 130 million loan with DNB Bank.

  • 30 September 2015
    Business & Finance

    Norway’s largest bank, DNB Bank ASA, has acquired a 7.04 per cent stake at offshore oil and gas contractor Ezra Holdings for S$24.84 million ($17.3 million), from Frontica Global Employment Limited, ultimately a subsidiary of Oslo-listed Akastor. According to Ezra’s Singapore Stock Exchange filing, Frontica, prior to this transaction, owned approximately 218.6 million shares with 7.44 per […]

  • 28 September 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell SE has secured loan financing with several lenders worth a total of USD 190.5 million. The first loan has been entered into with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans for three chemical tankers. The vessels in question […]

  • 26 June 2015
    Equipment

    GC Rieber Shipping, a Norwegian company owning a fleet of vessels supporting offshore oil and gas industry activities, has entered into an agreement with DNB Bank ASA, DVB Bank SE and Sparebank 1 SR-Bank for the refinancing of existing loans on the vessels «Polar Duke», «Polar Duchess» and «Polar Marquis». DNB Bank ASA is the agent bank and […]

  • 10 April 2014
    Business & Finance

    Kongsberg Gruppen ASA has signed a new NOK 1,500 million ($ 252 million) revolving credit facility with a syndicate of five banks. The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the NOK 1,000 million revolving credit facility with maturity in June 2015, which KONGSBERG has had […]

  • 26 June 2015
    Business & Finance, Project & Tenders

    GC Rieber Shipping has entered into an agreement with DNB Bank ASA, DVB Bank SE and Sparebank 1 SR-Bank for the refinancing of existing loans on its seismic vessels “Polar Duke”, “Polar Duchess” and “Polar Marquis”. DNB Bank ASA is the agent bank and the total loan is USD 135 million, of which USD 25 […]

  • 28 September 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell SE has secured loan financing with several lenders worth a total of USD 190.5 million. The first loan has been entered into with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans for three chemical tankers. The vessels in question […]

  • 10 April 2014
    Business & Finance, Project & Tenders

    Kongsberg Gruppen ASA (KONGSBERG) has signed a new $253 million revolving credit facility with a syndicate of five banks. The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the $167 million revolving credit facility with maturity in June 2015, which KONGSBERG has had since 2007. The facility is […]

  • 23 September 2014
    Business & Finance

    Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, has entered into a USD 210 million, six-year credit facility agreement with Norway’s DNB Bank ASA, secured by ten vessels. Athens-based Safe Bulkers will use the new credit facility to finance the acquisition of two previously contracted newbuild vessels, scheduled to be delivered in […]

  • 6 May 2014
    Business & Finance

    Odfjell Drilling Services Ltd. has entered into a $450 million senior secured credit facility agreement with Danske Bank A/S and DNB Bank ASA as Coordinators, and Danske Bank A/S, DNB Bank ASA, Nordea Bank Norge ASA and Swedbank AB (publ) as Mandated Lead Arrangers. The facility is divided in a revolving credit of $150 million […]

  • 13 November 2013
    Business & Finance

    Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with DNB Bank ASA and SpareBank 1 SR-Bank ASA, which contemplates an increase of the existing Loan Facility by USD 20 million to the total amount of USD 93 million. Currently USD 50 million is undrawn and available […]

  • 1 June 2013

    GasLog announced the finalization of the refinancing of the debt facility of Gas-two Ltd., the owner of the LNG carrier GasLog Singapore. A term loan facility of USD 110 million has been signed and drawn, and a revolving credit facility of up to USD 50 million has also been signed with DNB Bank ASA, acting through its […]

  • 13 November 2013
    Business & Finance, Equipment

    Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with DNB Bank ASA and SpareBank 1 SR-Bank ASA, which contemplates an increase of the existing Loan Facility by USD 20 million to the total amount of USD 93 million. Currently USD 50 million is undrawn and available […]

  • 12 November 2013
    Business & Finance

    Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with DNB Bank ASA and SpareBank 1 SR-Bank ASA, which contemplates an increase of the existing Loan Facility by USD 20 million to the total amount of USD 93 million. Currently USD 50 million is undrawn and available […]

  • 7 December 2018
    Business & Finance, Equipment, Operations & Maintenance

    Akastor has entered into agreements with AGR stakeholders to combine its First Geo business unit with AGR. The Transaction will be carried out primarily as an asset deal, whereby assets in the current AGR legal structure and three legal entities will, together with First Geo, be transferred to a new legal structure, which in turn […]

  • 15 November 2012

    Aker Solutions said that it has signed a new syndicated multi-currency credit facility of EUR 400 million. The facility is split into a 3-year tranche of EUR 270 million and a 1.5-year tranche of EUR 130 million and will be used for upcoming investments and general corporate purposes. In the new credit facility DNB Bank […]

  • 15 November 2012
    Business & Finance

    Norway’s Aker Solutions ASA has signed a new syndicated multi-currency credit facility of EUR 400 million. The facility is split into a 3-year tranche of EUR 270 million and a 1.5-year tranche of EUR 130 million and will be used for upcoming investments and general corporate purposes. In the new credit facility DNB Bank ASA, […]

  • 16 November 2012
    Business & Finance

    Aker Solutions ASA announces that it has signed a new syndicated multi-currency credit facility of EUR 400 million. The facility is split into a 3-year tranche of EUR 270 million and a 1.5-year tranche of EUR 130 million and will be used for upcoming investments and general corporate purposes. In the new credit facility DNB […]

  • 14 December 2011

    Fairstar Heavy Transport N.V. (FAIR) has signed a Bridge Loan Facility Agreement with Bank of China. The facility provides financing of the third installment of the construction of the FORTE in accordance with the Terms of Payment in the Shipbuilding Contract. The Bridge Loan Facility will be repaid at delivery of the FORTE by means […]

  • 8 October 2019
    Business & Finance

    Net loan proceeds will be used for capital expenditures relating to the installation of scrubbers.

  • 14 December 2011

    Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank. In order to fund the construction of five ultra-large container vessels being built at Daewoo Shipbuilding & Marine Engineering and planned to be delivered throughout 2014, HMM will utilize the loan from the […]

  • 24 June 2020
    Business & Finance, Vessels

    Fred. Olsen Windcarrier has entered into two new long-term non-recourse debt financing arrangements related to the Brave Tern, Bold Tern and Blue Tern jack-up vessels under its indirect ownership. In conjunction with the financing, the company established a green loan framework with an eligibility assessment from DNV GL, which enables new investments to be financed with […]