EUR 160m

April 2018

Oceando

Amend & Extend of term loan and bank guarantee lines

  • Oceanco is a world-class builder of custom superyachts in the 80–140 meters range, with clients being ultra-high net worth individuals;
  • Avaxa assisted Oceanco in amending its existing debt, including bank guarantee facilities, to provide for more operational and financial headroom; and
  • As a result of the successful amendment of the facilities Oceanco was able to execute its growth strategy going forward.