Watson Farley & Williams (“WFW”) advised BPER Banca S.p.A. (“BPER”) on the up to US$8m+ financing to Augustea Navigation S.r.l. to refinance its acquisition of a bulk carrier built in 2010 under an Italian flag.
BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna S.C., is a commercial and co-operative bank and the parent of the BPER Group, one of Italy’s leading banking groups. The group focuses primarily on small and medium enterprises with a strong international client base.
Augustea Navigation S.r.l. is part of Augustea Group, leading player in the shipping industry, with offices in Naples and Augusta (Italy), London, Singapore, Malta, Buenos Aires, Philippines and Colombia.