GMMOS Secures $100 Million Term Loan

Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, has secured a $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. The facility will be used to refinance existing debt and fund acquisitions. GMMOS is backed by Abraaj Capital and Waha Capital.

DealsNorth AmericaUSBriefs