Alantra is recognized in two ‘Deal of the Year’ categories at Marine Money’s 2023 Awards

Date 22 May 2023

Type Investment Banking

Alantra continues to build on its strong track record in maritime & offshore investment banking and capital markets, having been awarded two ‘Deal of the Year’ Awards by Marine Money, the leading evaluation platform for the global maritime finance industry and capital markets activity.

The awards consolidate Alantra’s global, cross-sector access to the maritime sector, as well as its expertise and innovative approach to bringing creative solutions to its maritime clients around the world.

  • ‘2022 Deal of the Year Offshore – East’ for Shuaa Capital’s acquisition of Allianz Middle East Ship Management (AME). Alantra’s Maritime & Offshore Investment Banking team acted as sole sell-side financial advisor to AME’s shareholders, as well as sole debt financial placement advisor to Shuaa Capital on the acquisition financing for the transaction

    The transaction resulted in the largest offshore support vessel player in the Middle East and the fourth largest globally, marking the largest nominal M&A transaction in the offshore space in the Gulf Cooperation Council. Alantra’s expertise and access to the UAE market, as well as its in-depth knowledge of the maritime sector were crucial in helping AME and its shareholders identify the most suitable financial investment partner to take the company to the next level
    • ‘2022 Deal of the Year Securitization’for Project Triton, the first STS synthetic securitization of shipping exposures in Europe, in which Alantra’s FIG team acted as arranger and sole sell-side advisor to Piraeus Bank. The transaction involved the creation of a new tool, which can be used by shipping banks to improve regulatory capital management of their shipping portfolios, allowing them to significantly increase lending to the sector

    Saad Ashraf and George Giannakis, Managing Partners & Co-Heads of Maritime & Offshore and Middle East Investment Banking at Alantra, said: “We are grateful to all our clients for their confidence in Alantra’s capital raising and M&A advisory capabilities in the maritime space. We look forward to building upon this success and expanding our maritime investment banking presence across other geographies and several other shipping sectors.”

    Vasilis Kosmas, Managing Director & Partner of Corporate Portfolio Advisory at Alantra, said: “At Alantra we are highly focused towards innovating and creating new solutions for our FIG and global clients. This transaction encompasses a new highly efficient tool in banks’ artillery, allowing them to expand further in the maritime sector by applying it across most of their loan portfolio exposures.”