Alantra advises Beks Shipmanagement (and its affiliates) on raising debt to support the acquisition of one Capesize Bulker vessel

Dec 2022

Acquisition Financing

Value $12.9mn

Alantra has advised Beks Shipmanagement (and its affiliates) on raising debt to support the acquisition of one Capesize Bulker vessel. The financing amount reached $12.9mln (Ca. 75% LTV) and was provided by Chailease International Finance, a leading Far Eastern Equipment Leasing Financier. Execution, led by Alantra’s Maritime & Offshore team, which acted as sole arranger and placement agent, extended over a period of 2 months.

BEKS is a leading Turkish shipowner and operator, active in both the Dry and Tanker sectors. Operating out of Istanbul, the company has grown to a 32-strong fleet ranging from Supramaxes to a Newcastlemax, and MR1s to Aframax/LR2s.

Chailease International Finance is one of the largest financial institution groups in Taiwan, with financing activities across the entire spectrum of asset-backed financing, including shipping, yacht, aviation, automobile and equipment leasing towards a domestic and international clientele.