IN BRIEF: Gulf Marine Services confirms successful debt refinancing
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Says it has now successfully completed the refinance of its debt, following on from its initial announcement in August. The firm said in August it had reached a deal with First Abu Dhabi Bank, Commercial Bank of Dubai and HSBC Bank, all of which have an equal participation in the company's USD250 million term loan and working capital facility, to refinance the group's current bank debt. Read More