Royal Boskalis Westminster

Royal Boskalis Westminster - Atradius Covered Loan

Industry
Transport/Ships
Area of finance
Shipping Finance
Country
Netherlands

Deal Overview

Dutch dredging and heavy lift company Boskalis has financed its mega suction cutter dredger Krios, with a loan backed by export credit agency Atradius Dutch State Business. The loan provided by ING and Rabobank was refinanced under a Commercial Interest Reference Rate. The 12-year facility includes...

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Dutch dredging and heavy lift company Boskalis has financed its mega suction cutter dredger Krios, with a loan backed by export credit agency Atradius Dutch State Business. The loan provided by ING and Rabobank was refinanced under a Commercial Interest Reference Rate. The 12-year facility includes linear redemption and carries an all-in financing cost of slightly less than 1%.

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Deal Volume
$ 142.91m
Financial Close
13 October 2020

All Dealmakers

Willem Van Nouhuys

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Tranches


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Assets

Asset Type: Manufacturer:
Shipping IHC Holland BV