Libra MV31 compiles PF debt package

Libra MV31 compiles PF debt package

Project & Infrastructure Finance Loans Debt Brazil Asia

Libra MV31 has secured roughly $1.42bn in project debt to fund the construction of an FPSO that will be chartered to Petrobras, a source familiar with the financing has said. The funding includes a 14-year, triple-tranche, $995m term loan and a 3.25-year, $425m revolving credit facility. Included in the term loan is a $467m facility from the Japan Bank for International Cooperation (JBIC) and two other facilities provided by commercial banks. One of the latter two includes a guarantee from Nippo

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