Shinsei Bank Provides $25MM Revolver for KNOT
Shinsei Bank provided a $25 million revolving credit facility to KNOT Offshore Partners.
December 16, 2020
Gary Chapman | KNOT Offshore Partners | Shinsei Bank | Tove Knutsen
Phil Neuffer
Shinsei Bank provided a $25 million revolving credit facility to KNOT Offshore Partners.
Canadian Solar secured a non-recourse project finance facility of up to ¥16 billion ($149 million) from Shinsei Bank. The facility will be used to support its 53.4 MWp Oita Hijimachi solar power project.
According to The Wall Street Journal, Sumitomo Mitsui Financial Group and Shinsei Bank are the last two bidders in the running for GE’s roughly $5 billion Japanese commercial finance unit.
Bloomberg reported that GE will take a $1.7 billion charge after agreeing with Shinsei Bank to conclude an obligation to compensate the Japanese lender for interest refund claims.