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 6 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 a duty of disclosure pursuant to Section 5-12 of the Norwegian Securities Trading Act.