The funds are being offered by a consortium of 16 international banks with insurance cover from four export credit agencies.
With the latest round, a total of $3bn has been raised for the FPSO. This includes $1.45bn obtained in 2014.
The FPSO Cidade de Saquarema is owned and operated by a joint venture, which comprises SBM Offshore with a 56% stake, Mitsubishi 20%, Nippon Yusen Kabushiki Kaisha 19%, and Queiroz Galvão 5%.
With a processing capacity of up to 150,000 barrels of crude oil and six million cubic meters of gas a day, the vessel will have a storage capacity of approximately 1.6 million barrels of crude oil.
The vessel will be operated on a 20-year charter service with Tupi for the development of the Lula field in the Block BM-S-11, offshore Brazil.
Petrobras owns a 65% stake in BM S-11, BG Group 25% and GALP Energia 10%.
SBM Offshore provides floating production systems to the offshore energy industry and has main activities in the design, supply, installation, operation and the life extension of FPSO vessels.
