Alantra advises Allianz Marine Services (and its affiliates) on raising debt to support the acquisition of three offshore support vessels

Sep 2022

Acquisition Financing

Value $11.9mn

Alantra has advised Allianz Marine Services (and its affiliates) on raising debt to support the acquisition of five Platform Support Vessels, which were employed on a long-term basis to a Qatar-based NOC. The financing reached $18.8mln (Ca. 70% of the acquisition cost, including vessel improvements) provided by a prominent UK-based Ship-lending Fund. Execution, led by Alantra’s Maritime & Offshore team, extended over 5 weeks from indicative terms to drawdown.

Allianz Marine Services LLC, incorporated in 2008, is a leading provider of offshore support vessels and marine logistics services with offices across Middle East, India and Singapore. The company has grown to become an international provider of marine transportation services to the offshore oil and gas drilling and production support activities.