US$80.5m Senior Term Loan for the construction of two liftboats
03 August 2015
Clifford Capital provided a US$40m senior term loan to finance two liftboats under construction at Triyards, a home grown Singapore company listed on the Singapore Stock Exchange). Falcon Global is a new joint venture between two US-based oilfield service companies, Seacor Marine and Montco. The financing helped Triyards secure what is their first major contract with a new overseas buyer.