Seatrium subsidiary secures $512m revolving credit facility with UOB

Proceeds will enhance Seatrium’s liquidity and financial flexibility.

Seatrium Limited’s subsidiary, Seatrium Financial Services, secured a $512m (US$400m) revolving credit facility with United Overseas Bank (UOB).

This credit facility, anchored in sustainability-linked principles, includes revolving credit features that will strongly enhance Seatrium’s liquidity and financial flexibility.

Proceeds will contribute to Seatrium’s long-term goals of achieving its ESG targets, further bolstering its commitment to sustainable development in the offshore, marine, and energy sector.
 

Since 2023, Seatrium has successfully secured over $3b in sustainability-linked loans and green financing.