SBM Offshore signs a US$1.1 billion Revolving Credit Facility
SBM Offshore has secured a new US$1.1 billion unsecured Revolving Credit Facility (RCF) with a consortium of 13 international banks, replacing its existing US$1.0 billion facility that was set to expire in February 2026. The new facility features:
- A five-year tenor with two one-year extension options
- An uncommitted option to increase by US$500 million
- A dedicated green tranche of US$100 million for eligible projects
As the world's deepwater ocean-infrastructure expert, SBM Offshore will utilize this RCF to finance general corporate purposes and working capital needs during floating production solutions construction. The successful syndication with increased facility size demonstrates strong continued support from global financial institutions.
SBM Offshore ha ottenuto una nuova linea di credito revolving non garantita da 1,1 miliardi di dollari statunitensi (RCF) con un consorzio di 13 banche internazionali, sostituendo la sua attuale linea di credito da 1,0 miliardi di dollari che sarebbe scaduta a febbraio 2026. La nuova linea prevede:
- Una durata di cinque anni con due opzioni di estensione di un anno
- Un'opzione non vincolante per un aumento di 500 milioni di dollari
- Una tranche verde dedicata di 100 milioni di dollari per progetti idonei
In qualità di esperto mondiale in infrastrutture oceaniche in acque profonde, SBM Offshore utilizzerà questa RCF per finanziare scopi aziendali generali e necessità di capitale circolante durante la costruzione di soluzioni di produzione galleggiante. La riuscita sindacazione con un aumento della dimensione della linea dimostra un forte supporto continuo da parte delle istituzioni finanziarie globali.
SBM Offshore ha conseguido una nueva línea de crédito revolving no garantizada de 1.1 mil millones de dólares estadounidenses (RCF) con un consorcio de 13 bancos internacionales, reemplazando su línea existente de 1.0 mil millones de dólares que expiraría en febrero de 2026. La nueva línea cuenta con:
- Un plazo de cinco años con dos opciones de extensión de un año
- Una opción no comprometida para aumentar en 500 millones de dólares
- Una tranche verde dedicada de 100 millones de dólares para proyectos elegibles
Como experto mundial en infraestructura oceánica en aguas profundas, SBM Offshore utilizará esta RCF para financiar propósitos corporativos generales y necesidades de capital de trabajo durante la construcción de soluciones de producción flotante. La exitosa sindicación con un tamaño de línea aumentado demuestra un fuerte apoyo continuo por parte de las instituciones financieras globales.
SBM Offshore는 13개 국제 은행 컨소시엄과 함께 11억 달러 규모의 무담보 회전 신용 시설(RCF)을 확보하여 2026년 2월 만료 예정인 기존 10억 달러 시설을 대체했습니다. 새로운 시설의 특징은 다음과 같습니다:
- 2개의 1년 연장 옵션이 포함된 5년 만기
- 5억 달러 증가를 위한 비구속 옵션
- 적격 프로젝트를 위한 1억 달러의 전용 그린 트랜치
세계적인 심해 해양 인프라 전문가인 SBM Offshore는 이 RCF를 사용하여 일반 기업 목적 및 부유식 생산 솔루션 건설 중의 운영 자본 필요를 충당할 것입니다. 증가된 시설 규모와 함께 성공적인 신디케이션은 글로벌 금융 기관의 지속적인 강력한 지원을 나타냅니다.
SBM Offshore a obtenu une nouvelle facilité de crédit revolving non garantie de 1,1 milliard de dollars américains (RCF) avec un consortium de 13 banques internationales, remplaçant son ancienne facilité de 1,0 milliard de dollars qui devait expirer en février 2026. La nouvelle facilité se compose de :
- Un terme de cinq ans avec deux options d'extension d'un an
- Une option non engagée d'augmentation de 500 millions de dollars
- Une tranche verte dédiée de 100 millions de dollars pour des projets éligibles
En tant qu'expert mondial en infrastructure océanique en eaux profondes, SBM Offshore utilisera cette RCF pour financer des besoins généraux d'entreprise et de fonds de roulement pendant la construction de solutions de production flottante. La syndication réussie avec une taille de facilité augmentée démontre un soutien continu fort de la part des institutions financières mondiales.
SBM Offshore hat eine neue unbesicherte revolvierende Kreditfazilität (RCF) über 1,1 Milliarden US-Dollar mit einem Konsortium von 13 internationalen Banken gesichert, die die bestehende Fazilität über 1,0 Milliarden US-Dollar ersetzt, die im Februar 2026 auslaufen sollte. Die neue Fazilität bietet:
- Eine Laufzeit von fünf Jahren mit zwei einjährigen Verlängerungsoptionen
- Eine unverbindliche Option zur Erhöhung um 500 Millionen US-Dollar
- Ein spezieller grüner Anteil von 100 Millionen US-Dollar für förderfähige Projekte
Als weltweiter Experte für Tiefsee-Ozeaninfrastruktur wird SBM Offshore diese RCF nutzen, um allgemeine Unternehmenszwecke und den Arbeitskapitalbedarf während des Baus von schwimmenden Produktionslösungen zu finanzieren. Die erfolgreiche Syndizierung mit einer erhöhten Fazilitätsgröße zeigt die starke anhaltende Unterstützung durch globale Finanzinstitute.
- None.
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Amsterdam, April 10, 2025
SBM Offshore announces that it has signed a US
The RCF is an important pillar of the Company’s financing strategy and can be used to finance general corporate purposes and working capital needs during the construction of floating production solutions. Eligible green projects can be funded under a specific green tranche of US
The successful syndication of the increased RCF reflects the strong support SBM Offshore continues to receive from financial institutions across the globe.
Corporate Profile
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.
More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| First Quarter 2025 Trading Update | May 15 | 2025 | |
| Half Year 2025 Earnings | August 7 | 2025 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 | |
| Full Year 2025 Earnings | February 26 | 2026 | |
| Annual General Meeting | April 15 | 2026 |
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
| Phone: | +31 (0)20 236 32 36 |
| E-mail: | wouter.holties@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Media Relations
Giampaolo Arghittu
Head of External Relations
| Phone: | +31 (0)6 212 62 333 / +39 33 494 79 584 |
| E-mail: | giampaolo.arghittu@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Market Abuse Regulation
This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Disclaimer
Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.
This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports - SBM Offshore.
Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.
"SBM Offshore®", the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.
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FAQ
What is the size and purpose of SBM Offshore's (SBFFF) new credit facility?
How does the new SBFFF credit facility compare to the previous one?
What are the key terms of SBM Offshore's 2025 credit facility?
When will SBFFF report its next financial results in 2025?
How many banks participated in SBFFF's new credit facility syndication?
