Arc & Co. successfully advise on the finance of a 50 meter Heesen

Frans Heesen founded the company that bears his name in 1978. Today as the Dutch based company celebrates its 40th anniversary, Heesen Yachts enjoys a reputation that sets it apart from the rest as a brand synonymous with high-quality shipbuilding and award-winning design.

It was therefore a pleasure when Leon Batchelor, Managing Director of Arc & Co. Marine and Aviation, was asked by one of our clients to advise and then arrange the finance on a new build 50m yacht from the Heesen yard.

Summary details below:

Yard: Heesen
Yacht Size: 50 meter
Yacht Age: New Delivery
LTV: 70%
Security: Asset Backed

Stock photo courtesy of Heesen Yachts

Arc&Co. successfully advise on the finance of 50 meter Codecasa

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.