US$250m Senior Term Loan for the delivery of ultra-deepwater well intervention vessel
26 September 2014
Clifford Capital provided a US$52.5m senior term loan for the delivery of ultra-deepwater well intervention vessel, Q5000, which was built at a Singapore shipyard. Well intervention vessels are specialized vessels used mainly to decommission production as part of the oil-well life cycle.
Clifford Capital supported a client who has been a regular user of Singapore yards.