2007

Last Call – 2007 Marine Money Shipping Banker Survey

Many thanks to all who have responded – so far this year we’ve had a record response and some brilliant commentary. The survey closes at the end of this week, so if you’re a shipping banker and have had time yet, please go to http://www.surveymonkey.com/s.asp?u=124673616644 and fill out the brief, anonymous, multiple choice survey – or just leave your comments. Thank you as always for your support!

“First Mover” Finances

Swedbank and FIRST Securities ASA have combined forces to issue $175 million of 10.5% Senior Secured bonds on behalf of a 100% controlled subsidiary of Nexus Floating Production Ltd. The proceeds will be used to partially finance an FPSO of the Samsung EPIC hull/topside type at Samsung Heavy Industries Yard with delivery in June 2009. The basics of the transaction are outlined in our Guts of the Deal chart.

This is only an excerpt of Bonds – 04/12/2007

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