Yinson Production secures US$230mil financing in relation to FPSO Maria Quiteria

KUALA LUMPUR: Yinson Production has secured US$230 million (US$1=RM4.54) in term loan facility, structured and arranged by Global Infrastructure Partners (GIP), in relation to the floating, production, storage, and offloading (FPSO) Maria Quitéria.

In a joint statement today, the companies said the loan facility marks the first transaction between Yinson Production and GIP that demonstrates the attractiveness and robust investment outlook of the FPSO industry within the global energy infrastructure market as well as Yinson Production.