The Hawks caters to some 452 native companies and has used a portion of the power to accumulate an oil and chemical tanker to boost its capabilities and market place
Deal illustrates RCP Finance’s enlargement into new sectors which is mirrored within the recruitment of a senior funding banker to bolster the agency’s rising crew
London, 16 October 2023 – Unbiased finance and capital structuring companion RCP Finance has efficiently secured a $15 million credit score facility from a number one Asian lender for The Hawks Pvt Ltd., the foremost firm for distribution of high-quality gas within the Maldives.
The Hawks caters to a variety of native companies together with resort inns, tremendous yachts and navy vessels, with a complete portfolio of greater than 452 purchasers.
A portion of this credit score facility has been utilised to facilitate the acquisition of “Bro Developer,” a 2007 oil and chemical tanker with a carrying capability of 15,000 DWT. This vessel, previously owned by Maersk, one of many world’s largest logistics companies, marks a big enlargement for The Hawks. It already owns a number of oil tankers and barges, permitting the corporate to boost its capabilities and strengthen its place within the oil distribution trade – each within the Maldives and all through the Indian Ocean.
This deal illustrates RCP Finance’s more and more sector agnostic place inside the finance and capital structuring trade. The agency has its roots in luxurious actual property and personal shopper companies and is now steadily rising its presence in oil and fuel, infrastructure, mining and maritime, highlighting its international community and the increasing scope of its tasks.
Largely as a result of this enlargement in its scope and companies, the RCP Finance crew has not too long ago been additional strengthened by the recruitment of Régis Castro, who joins RCP Finance as Associate and Head of Structuring. Regis is a senior funding banker with over 20 years’ expertise in varied roles in M&A, financing, and credit score danger administration, together with 17 years at JPMorgan. Regis has led financing transactions throughout the capital construction and ranking spectrum in all sectors and can be a useful asset to the RCP Finance crew.
RCP Finance has developed long-standing private relationships with a worldwide community of banks, funds, household places of work, and different lending establishments. With its in depth trade community, RCP can present purchasers with entry to a variety of financing choices which are tailor-made to fulfill their particular necessities.
Hussain Aman, Managing Director of The Hawks Pvt Ltd., commented:
“We’re completely happy to shut this transaction with Maersk Tankers. It offers us nice satisfaction and confidence understanding the well-kept situation of the tanker and its addition to our fleet will improve our energy and effectivity available in the market. We wish additionally to precise our gratitude to RCP Finance for his or her sturdy help in acquiring finance for the tankers.”
Christopher Khoi, Founding father of RCP Finance, commented:
“Securing this credit score facility was one other milestone in our journey and permits The Hawks to additional strengthen its enterprise and reinforce its market place because the main premium gas distributor within the area. Equally, this deal illustrates RCP Finance’s rising sector protection and increasing crew, which brings in depth market data and broad trade experience to each mortgage and fairness placement. We give attention to structuring options tailor-made for our purchasers’ distinctive wants.”
Originally posted 2023-10-17 17:06:27.