Search results for: mandate

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A list of search results

  • 11 October 2017
    Business & Finance, Operations & Maintenance

    Nautilus Minerals has entered into a Funding Mandate Agreement with Deep Sea Mining Finance (DSMF). DSMF will seek to leverage the international expertise and financial relationships of Nautilus’ two major shareholders to assist in advancing the development of the company’s Solwara 1 Project. As previously disclosed, Mark P. M. Horn will lead DSMF, which is […]

  • 13 July 2010
    Business & Finance

    Sevan Drilling AS, a wholly owned subsidiary of Sevan Marine ASA, has signed a mandate letter and term sheet with DVB Group Merchant Bank (Asia) Pte Ltd and NIBC Bank N.V. for the arrangement of a USD 530 million limited recourse secured term loan facility. The facility will replace the existing debt of the Sevan […]

  • 8 January 2018
    Business & Finance, Operations & Maintenance

    Nautilus Minerals has arranged to receive bridge loans from Deep Sea Mining Finance, and has also entered into a funding mandate agreement with M. Horn & Co.. The bridge loans, which the company expects to be in the amount of up to US$7 million, will assist the company’s immediate working capital requirements and facilitate payments […]

  • 19 December 2017
    Business & Finance

    Rothschild investment bank has been mandated to explore the potential sale of the Danish ferry operator Scandlines.

  • 7 January 2016
    Business & Finance

    The board of directors of French-based Bourbon has announced the end of the mandate of Nicolas Malgrain as executive vice-president, chief financial officer. This mandate had taken effect on December 01, 2014, Bourbon informed. Bourbon’s chief executive officer, Christian Lefèvre and the executive vice-president, chief operating officer, Gaël Bodénès, will continue to lead the general […]

  • 30 November 2016

    On November 25, 2016, the European Council extended Operation Atalanta’s mandate to deter, disrupt and repress acts of piracy off the coast of Somalia, until December 31, 2018. The two-year mandate extension comes amidst concerns within European Union Member States that whilst pirate attacks on merchant ships transiting the Gulf of Aden and the Indian […]

  • 7 February 2019
    Business & Finance

    MSC Cruises secured a USD 2.8 billion financing for three new vessels being built by Chantiers de l’Atlantique.

  • 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 […]

  • 22 November 2013

    Energy costs have been down overall, but commonsense public policy changes can help put further downward pressure on costs to help American families, API Chief Economist John Felmy told reporters on a conference call: “The recent surge in domestic energy production on state and private lands – brought about by hydraulic fracturing and horizontal drilling […]

  • 7 December 2015

    Adelaide-based Beach Energy secured an A$530 million debt facility replacing its existing lending arrangements.

  • 10 April 2012

    Dart Energy International, the international operating arm of Dart Energy Limited, has entered into a mandate with HSBC Bank to arrange an up to US$100 million senior secured revolving borrowing base facility for development funding of Dart International’s near term revenue projects. Material terms of the Mandate include the following: • The Facility will comprise […]

  • 24 April 2015

    Commenting on the European Council’s decision on migrant rescue operation in the Mediterranean, the merchant shipping industry questioned the fact that operation Triton remains within the mandate of FRONTEX, the EU border agency. Namely, this raises serious questions about the extent to which these efforts will fully ensure the immediate prevention of further loss of life, the International Chamber […]

  • 7 January 2016
    Business & Finance

    Bourbon Offshore, a provider of marine services to offshore oil & gas companies, has announced the end of the mandate of Nicolas Malgrain as Executive Vice-President, Chief Financial Officer. This mandate had taken effect on December 1, 2014. Malgrain was in charge of Strategy, Finance, and Administration of the group. He joined Bourbon in February 2014 as Vice President […]

  • 4 March 2014
    Business & Finance, Project & Tenders

    Seaborn Networks has mandated Natixis, a major French bank, to act as sole structuring bank, underwriter and lead arranger for a fully underwritten USD 290 million senior secured project financing debt for the development and installation of Seaborn’s new subsea fiber optic cable system between commercial and financial centers of Brazil and the United States. […]

  • 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 July 2011

      SBM Offshore N.V. announces that together with its JV partners, QGOG, NYK and ITOCHU, a Limited Recourse Project Loan has been secured for US$ 1 Billion to finance the construction of the FPSO Cidade de Paraty. The loan will be repaid over a 10 year period starting at First Oil and benefit from a […]

  • 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, […]

  • 14 January 2014
    Business & Finance

    OW Bunker, one of the world’s leading resellers and physical distributors of marine fuel, has signed a USD 700 million revolving credit facility, refinancing its current USD 450 million facility. The new facility consisting of two tranches, a 364-day and a 3-year multi-currency revolving credit facility, was more than 100% oversubscribed by the in total […]

  • 8 November 2011
    Business & Finance

    Admiralty announced the availability of its Digital Integration Workshops at Marintec 2011. The workshops are designed to help shipping managers effectively plan for the integration of digital technology into bridge operations to meet the requirements of the ECDIS Mandate. Each Workshop session provides attendees with a transparent, step-by-step process to support the planning and delivery […]

  • 25 June 2010

    SBM Offshore NV is pleased to announce that it has successfully completed the refinancing and expansion of its existing revolving credit facility of US$ 500 million to a new US$ 750 million facility. The targeted syndication to a select group of banks found very strong interest and led to a substantial oversubscription. The facility represents […]

  • 4 March 2014

    Energy World Corporation said that it has now agreed a mandate and term sheet with the Development Bank of the Philippines (DBP) for project financing of its Philippines LNG Hub Terminal and Power Station. The mandate and term sheet with DBP were signed in Manila on 28 February. The value of the project debt is equivalent to approximately […]

  • 9 September 2015
    Business & Finance

    The implementation of the Port Performance Act, a program to collect statistical information on the largest 25 ports in the United States, would cost USD 9 million over the 2016-2020 period, according to the U.S. Congressional Budget Office. The Act was drafted following the recent nine month labor dispute at 29 West Coast container ports, and is expected to […]