Alantra advises Pavimar Group on raising debt financing to support the acquisition of two container feeder vessels

Nov 2021

Acquisition Financing

Value $21.5mn

Alantra has advised the Pavimar Group (including its affiliates) on raising debt financing to support the acquisition of two container feeder vessels, which were time-chartered to a prominent far Eastern container liner on a mid-term basis. The financing reached an amount of $21.5mn provided by Chailease International Finance, a leading Far Eastern Equipment Leasing Financier. Execution led by Alantra’s Maritime & Offshore team extended over 60 days from indicative terms to drawdown.

The Pavimar Group, established in 2014, is a leading dry bulk and container owner/operator managing a fleet of more than 40 dry bulk vessels, across all sizes (Capesize to Supramax).

Chailease International Finance is one of the largest financial institution groups in Taiwan, with financing activities across the entire spectrum of asset-backed financing, including shipping, yacht, aviation, automobile and equipment leasing towards a domestic and international clientele.