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With such credit worthy clients and partners and with Citigroup acting at its financial adviser, also thanks to a well-structured system, QLNG in late March 2005 got a $688m loan at very competitive rates from 13 international banks through seven mandated lead arrangers (MLAs): Banca Intesa, Calyon, Gulf Int'l Bank, ING Bank, Mizuho Financial Group, the Royal Bank of Scotland and Standard Chartered Bank. Sevan Marine ASA announced that its affiliate, Sevan Drilling Pte Ltd, has signed an agreement for a US$400 million senior debt project finance facility for the Sevan Deepsea Driller vessel with Mandated Lead Arrangers GE Energy Financial Services, GE Transportation Finance and DVB Group Merchant Bank (Asia) Ltd. Societe General Corporate & Investment Banking and Dresdner Kleinwort acted as joint mandated lead arrangers and joint book runners of a financing facility for Dune Entertainment III LLC. |
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