BW LPG $458 million refinancing

Value:

$ 458 million

Status:

Completed

Date:

19/6/2019

Owner and operator of LPG vessels BW LPG has received a 7-year $458 million senior secured term loan and revolving credit facility to refinance its existing $800 million facility maturing in November 2020.

Shah Shameer Ahmed - Researcher

Singapore

Refinancing

Bank lending : Lender side

Shipping

Norton Rose Fulbright

Party: Nordea Bank (Mandated lead arranger, Bookrunner, Security agent)

Party: Oversea-Chinese Banking Corporation (Mandated lead arranger)

Party: Skandinaviska Enskilda Banken (Mandated lead arranger)

Party: ING Bank (Lead arranger)

Party: Credit Agricole Corporate & Investment Bank (Arranger)

Party: The Iyo Bank (Arranger)

Party: Danish Ship Finance (Arranger)

Party: Danske Bank (Arranger)

Lawyer: Ben Rose