Dolphin took out a second bridge financing of $3,450 million, with a tenor of four years, in late 2005. Both the conventional and the $1,000 million Islamic tranche were priced at 35 basis points (bp) over Libor for the first two years and 45 bp for the final two. Dolphin’s shareholders are Mubadala, France’s Total and the US’ Occidental Petroleum.