IFLR1000

Navigation Maritime Bulgare Group $102 million shipping financing

11/1/2017
Acquisition finance, Asset finance
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$ 102 million

Completed

11/1/2017

Overview:

  • Subsidiaries of Navigation Maritime Bulgare have taken out $102 million in new shipping finance.
  • The loan has been provided by The Export-Import Bank of China.
  • Navigation Maritime Bulgare is the largest shipping company in the country and will use the financing to acquire six new vessels.

Sam Duke - Editor

Jurisdiction:

Bulgaria

Deal types:

Acquisition finance
Asset finance

Practice area:

Banking

Industry sector:

Shipping

Firm:
Djingov Gouginski Kyutchukov & Velichkov

Party: The Export-Import Bank of China (Lender)

Lawyer: Georgi Tzvetkov

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