Seascape Energy Asia - Mandate to Structure and Arrange Debt Finance

Seascape Energy Asia

Today 07:10

RNS Number : 6588J
  
Seascape Energy Asia PLC
  
25 June 2026
  
 


THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 AS AMENDED AND TRANSPOSED INTO UK LAW IN ACCORDANCE WITH THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").
 
25 June 2026
 
Seascape Energy Asia plc
(the "Company", "Seascape Energy" or "Seascape")
Mandate to Structure and Arrange Debt Finance Facilities
Seascape Energy, an E&P company focused on Southeast Asia, is pleased to announce that it has exclusively mandated Macquarie Bank Limited ("Macquarie") to act as the sole Structuring Bank and Technical and Modelling Bank for the debt financing to support the development of the DEWA Cluster (SEA 28%) and Temaris Cluster (SEA 100%) gas fields, offshore Malaysia.
 
Seascape will work together with Macquarie over the coming months to structure and execute a multi-tranche, debt facility to meet development expenditure with availability linked to certain milestones typical for this type of financing. Any firm offer of financing remains subject to the successful completion of legal and technical due diligence and Macquarie's receipt of all required internal approvals.
 
Nick Ingrassia, CEO of Seascape, commented:
 
"Macquarie Bank has a long history of deploying capital to support growth-focused E&P companies like Seascape. We are extremely pleased they have committed to work with us to secure financing to develop these important gas projects to secure domestic supply into Malaysia and regional export markets."
 
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Enquiries:








Seascape Energy Asia plc


IR@seascape-energy.com




James Menzies (Executive Chairman)
Nick Ingrassia (Chief Executive)
Pierre Eliet (Executive Director)
 


















Stifel (Nomad and Joint Broker)


Tel: +44 20 7710 7600




Callum Stewart
Jason Grossman
Ashton Clanfield


SNELSeascape@Stifel.com














Cavendish Capital Markets Limited (Joint Broker)


Tel: +44 20 7397 8900




Neil McDonald
Pete Lynch



























 




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