Brazil: Schahin Group Receives USD 692 Million Loan for New Deepwater Drillship

In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP​ has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian energy and construction conglomerate is [...]