Financing of M/S Allure of the Seas committed
BNP Paribas, Citibank, Nordea and SEB have provided commitments to finance an approximately EUR 800 million post-delivery export credit for the purchase of the vessel Allure of the Seas to Royal Caribbean Cruises Ltd. The facility will be 95% guaranteed by Finnvera.
M/S Allure of the Seas is the sister ship to the biggest and the most innovative cruise ship of the world, M/S Oasis of the Seas, and it will be delivered from the STX Finland Ltd.'s Turku shipyard in November 2010.
Due to the increased commitment Finnvera's total guarantee exposure for Royal Caribbean Cruises Ltd shall at its peak rise to approximately EUR 1.5 billion.
Additional information:
Topi Vesteri, Executive Vice President, tel. +358 20 460 7238