At the beginning of the high season, OMYS successfully closed the financing of a prestige Italian built sailing yacht. This transaction, a close cooperation between the broker, lawyers, lender and OMYS, has resulted in an efficient closure. The structuring of an adapted asset finance solution, legal constraints, VAT questions and a short timeline made for an interesting challenge which was tackled with success.
This is the fifth yacht finance transaction successfully handled during the last 12 months. Our solutions in Yacht Finance now span construction finance, re-financing of existing loan facilities, equity release on yachts bought with owner’s equity and purchase finance.
OMYS furthermore sees a growing increase in real estate transactions. As independent consultants we are able to match specific client profiles and client wishes to the most appropriate financing partners.