OMS Group Raises USD 1.0315 Billion In Corporate and ECA-Backed Facilities

Subsea telecommunications marine contractor OMS Group has secured a landmark USD 1.0315 billion financing package comprising commercial corporate debt and Export Credit Agency (ECA)-backed credit facilities. The capital raise positions the Malaysia-headquartered company to aggressively expand its global cable-laying fleet and marine depot infrastructure amid soaring worldwide demand for subsea optical networks.

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