Alantra has advised Prima Corporation on raising debt to support the refinancing of one Handysize Dry Bulk Vessel

Sep 2023

Debt Refinancing

Value $10.5mn

Greece – Alantra has advised Prima Corporation on raising debt to support the refinancing of one Handysize Dry Bulk Vessel. The financing amount reached $10.5mln and was provided by China International Marine Containers (CIMC), a world leading supplier of logistics and energy equipment. Execution, led by Alantra’s Maritime & Offshore team, extended 4 weeks from indicative terms to drawdown.

Prima Corporation S.A. was founded in the 1990s and has since developed into a diversified Dry Bulk Operator. In the last 5 years the group has been carrying mostly Coal, Fertilizers & Grains in the amount of about 6 million tons per year.

China International Marine Containers (CIMCQ), headquartered in Shenzen of China, has grown into a leader in many global industries, including containers, vehicles, energy, chemical and food equipment, offshore, logistics services, airport facilities, etc.