SANDS's partner Ylva Cornelia Axelsen photo

SANDS advises ING and other international banks on a US$100,000,000 Revolving Credit Facility

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SANDS has acted as Norwegian legal counsel to ING Capital LLC as Agent for a syndicate of lenders in a $100,000,000 refinancing of Teekay Offshore Partners floating production storage and offloading units Piranema Spirit, Voyageur Spirit and Petrojarl Varg.
Tuesday, April 30, 2019

“We were pleased to advise the syndicate led by ING as Agent and work with Teekay on yet another important financing transaction for the company”, says Ylva Cornelia Axelsen, partner at SANDS. 

More information about the financings can be found in the company’s Q1 2019 results at their web page.

SANDS’ team consisted of Ylva Cornelia Axelsen (lead partner), Jørn Snorre Øvstedal (partner), Camilla Barr (senior associate), Sonja Lorentzen (associate) and Caroline Langtangen (paralegal).

For questions, please contact Ylva Cornelia Axelsen (partner).

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Ylva  Cornelia Axelsen
Ylva Cornelia Axelsen
Partner
Oslo
T: +47 22 81 45 56
M: +47 915 14 644