USD 288 million term loan facility
In May 2014, the company secured a USD 288 million credit facility. The credit facility, which has a maturity of seven years, consists of two tranches to be drawn upon delivery of Safe Notos and Safe Eurus. USD 144 million was drawn in Q1 2016 in connection with delivery of Safe Notos.
USD 1,300 million credit facility
In February 2015, the company secured a credit facility of USD 1,300 million. The credit facility, which has a maturity of seven years, consists of two term loan tranches of USD 800 million (drawn on closing) and USD 200 million (drawn on delivery of the Safe Zephyrus) and a revolver loan tranche of USD 300 million.
Refinancing - August 2018
Please refer to press releases of 3 August, 29 August and 3 September and the Enhanced financial runway (PDF, 228 kB) for more information on the refinancing.