Article
ABG Sundal Collier acted as Joint Lead Manager for a USD 100 million senior secured bond tap issue by Yinson Production
Transactions
Yinson Production, a leading independent owner and operator of Floating, Production, Storage, and Offloading (FPSO) units, has, through its wholly-owned subsidiary Yinson Production Financial Services Pte. Ltd. (finance company), successfully issued subsequent bonds of USD 100 million under its existing senior secured bond framework. The net proceeds from the tap issue will be used finance capital expenditure in relation to FPSO Abigail-Joseph and the Group’s other FPSO’s. Following the tap issue, Yinson Production has now fully utilised the USD 600 million total framework amount under the existing bond agreement.