Financing a dry bulk carrier for new shipping client ABY Group Holding

Corporate News -

NIBC closed a USD 15.5 million bilateral facility for a new shipping client; ABY Group Holding. The transaction supported the construction of a 60,000-dwt dry bulk vessel currently being built in Japan.
 
ABY Group Holding is a joint venture between Augustea, Bunge and York Capital Management, specialising in dry bulk shipping.
 
NIBC’s experience with and commitment to the shipping industry, together with our swift turn-around to be able to provide the necessary financing, were the key factors for ABY Group Holding to team up with NIBC.

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