Roberto Monteiro News

OSX Obtains US$ 850 Million for FPSO OSX-2

OSX 2 Leasing B.V., a subsidiary of the OSX Brasil S.A., entered into a facility agreement with a syndicate of international banks lead by ING, Itaú-BBA and Santander, related to the granting of a loan in the amount of US$ 850 million, pursuant to the contractual terms, for investment in the construction and installation of the FPSO OSX-2. The facility was initially underwritten by the three lead banks and thereafter syndicated globally. In addition to the lead banks, the financial institutions participating in the syndicate are: HSBC, Citibank, ABN Amro Bank, Banco do Brasil and NIBC. The general conditions of the loan are: average interest of Libor rates + 4.41 % p.a.…

OSX: On the Pole Position

The business of building ships has largely been tumultuous since the economic collapse of 2008 and lingering global malaise. - Your shipyard has a $4.8B orderbook and plans for its first delivery (an FPSO) in 3Q2011 … BEFORE the shipyard is complete. Meet OSX Brasil S.A., an EBX Group company, designed to supply the industry's demand for integrated service solutions to the Oil & Gas market, which is rapidly expanding in Brazil. In January of this year Maritime Reporter presented a one-on-one with Roberto Monteiro, CFO of OSX Shipbuilding, Chartering and Offshore Services, in the wake of OSX Brasil S.A raising $1.4B in its IPO. This month, Maritime Reporter checks in with Mr.