Stibbe advises Mitsui, Modec and others

NL Law

Stibbe advised Mitsui & Co., Ltd. Modec, Inc., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation as sponsors on the offering of US$ 1,100,000,000 senior secured notes by MV24 Capital B.V.

The proceeds will be used to refinance the floating production offloading and storage facility “Cidade de Mangaratiba MV24” owned and operated through an affiliated Dutch special purpose company. The notes are listed on the Singapore Stock Exchange.