Leon Batchelor, Managing Director of Arc & Co. Marine and Aviation has sucessfully adviced on the finance on a 50 meter Codecasa Yacht on behalf of a Middle Eastern Client.
Please see below for details:
Client: Middle Eastern
Yacht: 50 meter Codecasa
Loan to value: 50%
Term: 5 Years
Structure: 'pure' yacht mortgage without private banking
Photo credit: Codecasa Shipyards
Codecasa Shipyards, established in Viareggio back in 1825 by the shipwright Giovanni Battista Codecasa, are an absolutely prominent reality in the luxury yachting industry and are known all over the world as builders of steel and light alloy motoryachts, ranging from 30 to 70 meters LOA.
Still run by the founder’s heirs, nowadays the Codecasa Shipyards Group is able to offer a wide range of Yachts, featured by top quality, technologic innovation, reliability, design and comfort.