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17 March 2017

Watson Farley & Williams advises Crédit Agricole Carispezia on financing for Rimorchiatori Riuniti

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.

 

About Watson Farley & Williams

Watson Farley & Williams is an international law firm with offices in Athens, Bangkok, Dubai, Frankfurt, Hamburg, Hong Kong, London, Madrid, Milan, Munich, New York, Paris, Rome and Singapore. The firm currently has 500+ lawyers and over 900 staff. Watson Farley & Williams is a leading international law firm providing services of high quality and value to clients throughout a range of industry sectors, with particular focus on: Energy & Infrastructure, Maritime, Natural Resources, Real Estate and Transport. Lawyers from our international offices work as integrated teams to provide practical, commercially focused legal services. Our locations allow us sufficient geographical spread to be competitive in the global market and to provide consistently high quality legal services to our clients. w: www.wfw.com