Splash 2473 Aug 2026Supply chain
Automatically composed with AI from the cited sources
The £275m ($370m) debt package adds Rabobank, KfW IPEX-Bank, and LBBW as new lenders, while existing lenders RBS, AIB, Scottish National Investment Bank, and RBC increased their commitments. RBC Capital Markets acted as lead adviser. The financing covers North Star's current shipbuilding programme and leaves headroom for further acquisitions and newbuilds, following the purchase of four SOVs from Edda Wind earlier this year that brought the fleet to 14 vessels. The company aims to reach 40 SOVs by 2040.