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DnB NOR Provides $275m Facility for Newcomer Eastern Drilling

Freshly Minted understands that Eastern Drilling has mandated DnB NOR to underwrite a $275 million credit facility. The facility has six-year term and will be used for the construction of a new 6th generation semi-submersible drilling rig to be delivered in the fourth quarter of 2007 from Samsung.

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Written by: | Categories: Bank Debt, Freshly Minted | April 21st, 2005 |

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