Ann: Sangomar FID and US$300M underwritten senior facility, page-59

Well then they need to read the company announcements don't they.
The fact that FAR have raised ~ $400 million USD in next to no time is a testament to the project.
I personally doubt they will have any trouble with the junior debt facility.....but its not done yet and won't be for some months and plenty could change in the interim. PE win for example.
For me the biggest thing is the current budget for SNE FAR $442.8 million
$492 - 10% contingency = the above all going well. CNE made ~25% savings on both Catcher and Kraken from budget.
I doubt WPL would be able to manage that from what I've seen so FAR......
The break even cost pbo is $22
From what I understand that is very very low for deep water.
If FAR can't make money, even with expensive finance, then there is no hope for junior oil explorers.