Havfram has signed a Senior Secured Green ECA Term Loan Facility to fund its two wind turbine installation vessels (WTIV), currently under construction at CIMC Raffles.
The Facility was entered into with a syndicate led by DNB Bank ASA (Coordinator, Bookrunner, Green Loan Advisor and Agent) with SpareBank 1 SR-Bank ASA, Credit Agricole, Sparebanken Vest and Rabobank as Mandated Lead Arrangers and with Export Finance Norway as ECA lender. The Facility is also partly supported by an insurance provided by Atradius Dutch State Business N.V, the ECA of The Netherlands.
