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    Polarcus completes US$410 million bank loan

    Company News // October 25, 2011

    Seismic company Polarcus Limited has announced that it has signed loan documentation for a bank loan facility of US$410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA.

    The loan documentation replaces the committed term sheet that was announced on 21 July 2011 and there has been no material change to what was agreed under the term sheet.

     

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