Polarcus close to signing $410m refi
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Polarcus close to signing $410m refi

Polarcus, a seismic surveyer servicing the oil industry, has signed a term sheet for a $410m refinancing loan. DnB NOR Bank, DV Bank and export credit agencies Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans are mandated lead arrangers on the deal, which refinances several lines of debt.

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