Songa Offshore SE: Songa Offshore secures USD 1.1 billion credit facility for Cat D 3 and 4

Songa Offshore SE: Songa Offshore secures USD 1.1 billion credit facility for                                 Cat D 3 and 4  Songa Offshore SE (the  "Company") has received a  firm commitment from  banks  and an Export Credit Agency for the financing  of the Cat D 3 and 4  newbuilds  with a pre-delivery financing  of USD 90 million  per rig and a  post-delivery  financing of  USD 550  million per  rig. The  terms of  the financing  are  at  competitive terms and the Company plans to complete final documentation of the transactions in  third quarter  2014.  The commercial  tranche of  the  senior  secured credit facility is underwritten.  Limassol, Cyprus 27 June 2014  For further information, please contact: Jan Rune Steinsland, CFO (+47 970 52 533)    This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)  ------------------------------------------------------------------------------  This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Songa Offshore SE via Globenewswire HUG#1805190  
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