Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Topaz Energy & Marine Seeks $380 Million ‘Financing Initiative’

Topaz Energy & Marine, a unit of Oman’s Renaissance Services SAOG, said Standard Chartered Plc and DVB Bank SE will lead a $380 million “financing initiative” for offshore support vessels.

“The initiative will involve both regional and international lenders in a refinancing deal that features Topaz’s offshore support vessel division,” said Renaissance in an e-mailed statement today. The financing will be completed “before end of Dec. 2011” and about $125 million of the package will be used for vessels under construction and for investments in new vessels, it said.

“This deal will significantly improve Topaz’s liquidity, unlock trapped equity, and increase the availability of new funds to capitalize on future growth opportunities,’’ Chief Financial Officer Vishal Goenka said in the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.