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Delivery of newbuilding – Atlantica Delta

Atlantica Tender Drilling Ltd. did on Friday 11 December take delivery of "Atlantica Delta", a semi-submersible tender assist support unit with integrated drilling package, from Dalian Shipbuilding Industry Offshore Co. Ltd. "Atlantica Delta" is destined for a term contract in the Congo with Total alongside the Moho Nord TLP.

Arntzen de Besche assisted ABN AMRO Bank as agent on behalf of a group of banks that have provided financing of the "Atlantica Delta" under a USD 350 million term loan facility that has also financed the semi-submersible tender rig "Beta" (delivered in 2014) and another unit still under construction with Dalian.  

Arntzen de Besche's team consisted of Atle Gabrielsen and Andreas Rabe, both members of our banking and finance team.