BW Gas Juju LNG

Financing of a fleet of 8 LNG vessels

US$685 million

Senior Secured Term Loan Facility

Mandated Lead Arranger

December 2016

US$685m Senior Term Loan Financing for BW Gas Juju LNG

December 2016

Clifford Capital, along with a number of commercial banks, provided a US$685m senior secured term loan financing for 8 LNG vessels on long term charters to Nigeria LNG, a natural gas exporter that is owned by Nigerian National Petroleum Corporation, Shell, Total and ENI. BW Gas Juju LNG Ltd, is a joint venture between BW Gas and Marubeni Corporation and provides LNG transportation across the energy value chain.

Clifford Capital's financing was predicated on supporting the BW Group, leading global maritime group with a presence in Singapore. This non-recourse financing exemplifies Clifford Capital's forte in long term cross border financing in emerging markets and its ability to supplement international bank appetite for such deals.