Saga Cruises V

Saga Cruises V - Spirit of Discovery / Euler Hermes Covered Loan

Borrower (s)
Saga Cruises V
Industry
Transport/Ships
Area of finance
Shipping Finance
Country
United Kingdom

Deal Overview

Saga Cruises V applied for the Hermes debt refinancing scheme in relation to principal repayments due until 31 March 2021. The European government/ECA's have launched this refinancing scheme to all operators in the cruise industry in view of the ongoing impact of COVID-19.

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Saga Cruises V applied for the Hermes debt refinancing scheme in relation to principal repayments due until 31 March 2021. The European government/ECA's have launched this refinancing scheme to all operators in the cruise industry in view of the ongoing impact of COVID-19.

show less
Deal Volume
$ 22.53m
Financial Close
05 June 2020
Sources
Submitted by participant(s)

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Tranches


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Assets

Asset Type: Manufacturer:
Shipping Meyer Werft