Yinson’s S’pore unit in RM7bil project financing

Yinson said the financing was provided by a consortium of 13 lenders.

KUALA LUMPUR: Yinson Holdings Bhd’s (Yinson) Singapore unit, Yinson Production Offshore Pte Ltd, has completed its US$1.3bil (RM7.1bil) debt financing for the Agogo floating storage, production and offloading vessels (FPSO).

In a statement, Yinson said the financing was provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over the course of the construction of the FPSO.