Staff Reporter
,
Singapore
Photo from Envato Elements
The facility will support project needs and business growth.
Seatrium has secured a three-year $1.1b Committed Global Syndicated Bank Guarantee (BG) Facility through Seatrium Financial Services (SFS).
The facility will support project needs and future business growth.
Supported by eight financial institutions, the facility is the first of its kind in Singapore's offshore and marine industry.
DBS Bank and Standard Chartered Bank were the Global Coordinators for the BG facility.
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