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Solstad Offshore takes delivery of "Normand Maximus" – Arntzen de Besche assisted the lenders

03 Nov 2016

As announced by Solstad Offshore ASA (SOFF), SOFF took delivery of the "Normand Maximus" on the 28th October 2016 through the 25/75 owned affiliate, Maximus Limited, with AGC Maritime Yield Fund I LP from Vard Brattvaag. At the same time, the vessel commenced its 8-year charter contract with Saipem.

Normand Maximus, is developed in close collaboration between Solstad, Saipem and Vard and is to our understanding the largest vessel ever constructed by Vard Brattvåg.
 
Arntzen de Besche Advokatfirma AS assisted DNB Bank ASA and the lenders with the long term financing of "Normand Maximus".

Matter Type
Banking & Finance - Capital Markets: Structured/Project Finance
Industry
Finance & Banking
News Category
Banking & Finance