Petrobras

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Business / Economics

Yinson Production secures project bond to refinance FPSO Maria Quitéria

    Singapore, 1 July 2025 –Yinson Production announced that it had successfully placed US$1.168 billion 144A/Reg S senior secured notes issued by its unit Yinson Bergenia Production B.V., which owns the floating production, storage, and offloading vessel FPSO Maria Quitéria. The FPSO currently operates under a 22.5-year lease and an operating contract with Petrobras in the Jubarte field, offshore Brazil. The notes are fully amortising with a final maturity […]

today2 July, 2025

Business / Economics

Morning Biz News – 13 February 2025

  Bank of Namibia Cuts Interest Rate Again The Bank of Namibia has reduced its key interest rate for the fourth consecutive monetary policy meeting, lowering the repo rate by 25 basis points to 6.75%. The central bank cited stable inflation projections and the need to support economic growth as the primary reasons for the cut. This follows similar reductions in its last three policy decisions, signaling a continued effort […]

today13 February, 2025