14.12.15 08:00

Global attention on the financing of the Sikuki port


The financing of the SIKUKI port has been given global attention where the American lawyers acting on behalf of SIKUKI in obtaining the best possible finance available in the market, were given the highest recommendation by the FT.com, the internet arm of Financial Times. 

FT.com says Morrison & Foerster acted on the project financing of Sikuki Harbour, the new national port of Greenland, carried out by privately placing, in the US, new secured notes from the company. It kept the flexibility in pure corporate / investment grade deals in a jurisdiction unfamiliar to investors. 

This confirms that those who worked on the financing of the port project have got the  best deal available which makes the construction and operation of the new port more economical than previously envisaged. 

On behalf of Sikuki Nuuk Harbour A/S, Berit Koertz board member, was in charge of the delicate negotiation supported by the chairman of the board Lars Karlsson