Seaspan commits to $200m rescue financing for Swiber
The boxship giant has pledged $10m equity to Swiber and another $190m for the latter’s subsidiary. The rescue financing is conditional on Swiber securing a memorandum of understanding from Vietnamese parties to progress a $1bn LNG-to-power project
Seaspan has signed a definitive investment agreement calling on the boxship player to pump equity into Swiber and its LNG-to-power subsidiary
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