NEWS

WFW advises Crédit Agricole Carispezia on financing for Rimorchiatori Riuniti

15 March 2017

EN | IT

International law firm Watson Farley & Williams (“WFW“) advised Crédit Agricole Carispezia on a new loan granted to Rimorchiatori Riuniti Porto di Genova S.r.l., a company fully controlled by Rimorchiatori Riuniti S.p.A., to finance the acquisition of the “Malta” tugboat and on the amendments to two existing financings granted in connection with the acquisition of the “Norvegia” and “Messico” tugboats, for a total amount of €15m. Crédit Agricole Cariparma S.p.A. is the Italian subsidiary of French banking group Crédit Agricole.

Leading international maritime group Genoese Rimorchiatori Riuniti S.p.A. is active across the shipping spectrum (tankers, bulk carriers and boxships), with its core business deriving from port and offshore towage services.

The WFW Italy maritime team advising Crédit Agricole Carispezia was led by Partner Furio Samela, assisted by Senior Associate Michele Autuori and Associates Emanuele Caretti and Antonella Barbarito.