WFW advises illimity on Sider Navi shipping financings
One of the loans is guaranteed by a SACE guarantee on the basis of the liquidity decree (no. 23/2020) under the “Garanzia Italia” programme.
One of the loans is guaranteed by a SACE guarantee on the basis of the liquidity decree (no. 23/2020) under the “Garanzia Italia” programme.
This is the first time FINAV Group have refinanced a vessel and represents a fundamental first step in the reorganisation and optimisation of their group financial structure.
As once profitable airlines look to raise liquidity to weather the turbulence of the Covid-19 pandemic, Partner Patrick Moore and Ocorian Director Abigail Holladay assess the use of alternative assets as a means to raise finance.