Skadden advised Yinson Azalea Production Pte. Ltd. on its offering of $1.458 billion in senior secured notes.
The issuer owns the Agogo FPSO, a floating production, storage and offloading (FPSO) vessel that operates offshore Angola and is leased to Azule Energy Angola S.p.A. under a 15-year bareboat charter.
The offering is Yinson Production’s third FPSO project bond in three years.
The Skadden team included Noel Hughes, Laura Kaufmann, Pete Coulton and Victor Hollender.