Bloomberg News

SBM Offshore, Partners Sign $1 Billion Loan Deal for Oil Rig

July 14, 2011

July 14 (Bloomberg) -- SBM Offshore NV and its partners QGOG, NYK and ITOCHU secured a limited recourse project loan for $1 billion to finance the construction of the floating oil rig Cidade de Paraty, the company said today.

Link to Statement:{NSN LOB5Z13PR6RK <GO>}

To contact the editor responsible for this story: Martijn van der Starre at vanderstarre@bloomberg.net


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