Brief: Russia's Sovcomflot Gets $155 Mln Credit Facility From Two Japanese Banks

Samudera Shipping Line

16/11/2020 09:38

Nov 16 (Reuters) - Russia's Sovcomflot  FLOT.MM :
    * JOINT VENTURE COMPANIES BELONGING TO SOVCOMFLOT (SCF
GROUP), NYK
LINE AND SAMUDERA, HAVE SIGNED $155 MILLION NON-RECOURSE CREDIT
FACILITY, FOR UP TO EIGHT YEARS, WITH MUFG BANK AND DEVELOPMENT
BANK OF JAPAN INC.
    * THE FACILITY WILL BE USED TOWARDS REFINANCING TWO LNG
CARRIERS
SERVICING THE TANGGUH LNG PLANT - TANGGUH TOWUTI AND TANGGUH
BATUR, WHICH ARE JOINTLY OWNED AND OPERATED BY SCF GROUP, NYK
LINE AND SAMUDERA.

    
 Source text for Eikon: https://bit.ly/3kzgkoE
    
 Further company coverage:  FLOT.MM  
   


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