Transaction details

Ethica Debt Advisory advised Gruppo Azimut Benetti in structuring a financing provided by European Central Bank

Ethica Debt Advisory advised Gruppo Azimut Benetti, a luxury shipbuilding player, in structuring a financing provided by European Central Bank, brokered by BNL and partially guaranteed by SACE.

Azimut Benetti is one of the world players in luxury boats manufacturing with 6 shipyards in Italy (Avigliana – Turin, Savona, Viareggio, Basile, Livorno and Fano – Pesaro) and one abroad, in Italy – Brazil.

The financing is intended to support investments planned for the modernization and expansion of production sites.