WFW advises banks on US$500m Revolving Credit Facility for Scorpio Tankers
The oversubscribed credit facility was provided by a group of eight banks.
The oversubscribed credit facility was provided by a group of eight banks.
The revolving credit facility was secured by 14 vessels.
The deal is Pacific Basin’s first sustainability-linked financing.
Consisting of a 50% term loan and a 50% revolving loan, the credit facility has a final maturity of 30 June 2028.
Four deals the firm has advised on won awards at this year’s Airfinance Journal Awards.
The RCF provides flexible funding to Foresight for both new acquisitions and working capital purposes.
The facility provides LSbp with flexible corporate financing across its group to help deliver its strategy in the UK, continental Europe, the Americas and Asia Pacific.
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