NEWS

Ship's Bow

WFW assists Meliorbanca on the financing of a multi-platform supply vessel for Bambini

24 July 2012

EN | IT

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Meliorbanca S.p.A. on financing arrangements (and the related guarantee documents) granted to Bambini S.r.l. for the purchase of a multi-purpose platform supply vessel – constructed in 2008 by Spanish shipbuilder Astilleros Ria de Aviles – named “Aline I” and renamed “Aline B”.

This vessel was sold to Bambini S.r.l. by Goldendelta Mariner Shipping (CY) Ltd., and will eventually be chartered to a leading player in the energy and hydrocarbons sector following Bambini’s success in the process of the relevant tender.

Meliorbanca, established in 1927, provides investment banking and financial advice for a variety of businesses in Italy. After listing on Mercato Telematico Azionario Borsa Italia in 2000, it became part of Gruppo BPER (Banca Popolare dell’Emilia Romagna Group) in 2009.

The Watson, Farley & Williams team in Rome was led by Shipping partner Furio Samela, assisted by associate Michele Autuori.

Furio Samela comments: “We were delighted to have advised Meliorbanca S.p.A. on such a significant financing in the offshore sector in Italy.”