Copying and distributing are prohibited without permission of the publisher
Carnival Corporation – export financing
23 March 2009
KfW helps deal reach cruise control
Read more:
[Carnival]
[KfW IPEX-Bank]
[Commerzbank]
[Lloyds TSB]
[RBS]
[SG CIB]
[Euler Hermes]
[Norton Rose]
[WfW]
Challenging times in the market require innovative financial solutions. In this financing for two cruise ships built in Germany with a total value of a580 million, the solution was unique and proved to be a win-win for the borrower, the exporter and the banks.
The deal finances the supply of two cruise vessels being built by the Meyer Werft Shipyard, Papenburg, Germany, for international cruise line operator Carnival Corporation. The two vessels Aida V and Aida VI costs are a288 million and a292 million respectively. KfW IPEX-Bank was the initial mandated lead arranger (MLA), who brought in Commerzbank, Lloyds TSB, RBS, and Société Générale as other MLAs....
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
