We are pleased to share that we have successfully structured and arranged a stand-by letter of credit and guarantee facility of USD 100 million. This 3-year facility, with options for extensions, is further expanding our strategic financing toolkit to support the continuous growth of  Yinson Production by increasing our financial flexibility and streamlining our cash management.

This achievement is a testament to our strong position as a leading independent owner and operator of FPSOs worldwide, and demonstrates the continued confidence of our banking partners in our strategy and credit quality.

We extend our gratitude to the banks participating in this facility for their trust and support.