BW Offshore: Completed refinancing into a new USD 295 million revolving credit facility

Completed refinancing into a new USD 295 million revolving credit facility

BW Offshore Limited is pleased to announce the successful refinancing of its existing Revolving Credit Facility into a new five-year senior secured USD 295 million Revolving Credit Facility.

The new facility is priced at a margin of 250 basis points above USD SOFR and is provided by a consortium of 10 international banks.

For further information, please contact:

Ståle Andreassen, CFO, +47 91 71 86 55

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has a fleet of 10 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.