WFW advises Navigazione Montanari and Intesa Sanpaolo on tanker acquisition and financing21 October 2024
WFW also acted for Intesa Sanpaolo S.p.A. as a lender on a loan.
WFW also acted for Intesa Sanpaolo S.p.A. as a lender on a loan.
We advised UniCredit S.p.A. on a loan granted to Augusta S.r.l. to pay for the purchase of the Italian-flagged tugboat Ortigia.
The loan was structured in three tranches.
The loan recapitalises Rimorchiatori Augusta following its purchase of Italian-flagged tugboat “CITTÀ DI SIRACUSA”.
The purchase of AF Mia was financed through a capital increase as well as the loan.
The loan cancels all the outstanding debt owed to BPS relating to the purchase of bulk carrier Saturnia from Ocean Trader V LLC.
The vessels were built by China’s Guangzhou Shipyard International and are currently the world’s largest luxury RoPax ships.
The acquisition was completed through Nemeca’s takeover of an existing loan between BCC Iccrea Bank and the two Greek companies.
The Liberty K vessel was sold to the buyers at market price.
The 5,300-ton vessel will be equipped with electric propulsion systems as well as dual technology power generators.
With the acquisition of the Burgundy, Kalypso increases its fleet to four vessels.
The facility will enable FINAV to finance part of the acquisition of up to four eco or super-eco MR product tankers.