Seafox 5

Accommodation and Service Jack-Up Unit

US$100,000,000

Senior Secured Term Loan Facility

Mandated Lead Arranger

September 2015

US$100m Dual Currency Senior Term Loan Facility

25 September 2015

Clifford Capital provided a US$50m senior term loan to the refinancing of an existing facility and repayment of shareholder loan for Seafox 5 - a service and accommodation liftboat which has the capability to support the installation of offshore windfarms and the offshore oil and gas industries.

Clifford Capital actively engaged both the Borrower and Sponsors over 3 months to develop a unique and innovative dual currency financing structure.