ADNL, NPCC Ink $110m Vessel Deal

Tuesday, April 12, 2011

 The Abu Dhabi National Leasing Company (ADNL) has signed a $110m deal with the National Petroleum Construction Company (NPCC) for financing the construction and lease of its new vessel. The proposed financing structure is a two-plus-five year finance lease to partially finance one new Derrick Lay Ship DLS-4200 for NPCC. 

(Source: Khaleej Times)

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