Stephenson Harwood Advises on $1.1 Billion Credit Facility
Deal News | May 09, 2025 | Stephenson Harwood LLP
Law firm Stephenson Harwood LLP played a crucial advisory role for a syndicate of 13 international lenders in establishing a substantial US$1.1 billion multicurrency revolving credit facility for SBM Offshore N.V. The facility, designed to cater to the financial flexibility and capital needs of SBM Offshore, underscores the significance of experienced legal guidance in complex financial structuring. This transaction highlights the strategic collaboration between international lenders and top-tier legal advisory firms to facilitate large-scale financial undertakings.
Sectors
- Legal Services
- Financial Services
- Energy and Maritime
Geography
- Global – The deal involves international lenders, indicating a transaction with a broad, global reach.
Industry
- Legal Services – The article highlights the role of a law firm, Stephenson Harwood LLP, in advising on a major financial transaction, which is a crucial aspect of the legal services industry.
- Financial Services – Involvement of international lenders in extending a $1.1 billion credit facility to SBM Offshore indicates a significant financial services transaction.
- Energy and Maritime – SBM Offshore N.V. operates in the offshore energy industry, dealing with the supply and management of floating production solutions.
Financials
- $1.1 billion – The value of the multicurrency revolving credit facility arranged for SBM Offshore.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stephenson Harwood LLP | Legal Advisor | Company | An international law firm providing legal services and advice in this transaction. |
| SBM Offshore N.V. | Target Company | Company | A global company that provides floating production solutions to the offshore energy industry. |
| Syndicate of 13 International Lenders | Lenders | Company | A group of international financial institutions providing a multicurrency revolving credit facility. |