- Chiusura raccolta01.03.2019
- Inizio del periodo di investimento12.03.2019
- Ora di inizio13.02.2019 14:00
- Categoria di immobileCapitale circolante
- Tipo di investmentoAltro
- Data di fine dell'investimento20.08.2020
- Orizzonte d'investimento restante12 mesi
- Rendimento annuo16%
- Rendimento in contanti atteso%
- N. di investitori1598
- Obiettivo€1 050 000
|31/07/2019||Investment opportunity overview, July 2019|
|12/04/2019||Investment opportunity overview, April 2019|
Progetto in sintesi
This project is an opportunity to invest in secured loan to Nord Company OÜ, the Sponsor of this project. The Sponsor seeks for funding in the amount of EUR 1,050,000 for 18 months. The purpose of the loan is to finance the purchase of a backhoe dredger vessel “Zenne”, currently located in Belgium. The vessel will be relocated to Estonia and will be used for dredging jobs in Estonian ant Baltic ports and marinas.
The loan is secured by first-rank mortgage on backhoe dredger vessel “Zenne” and cutter suction dredger “NC1” (currently located in Latvia) in total amount of EUR 1,417,500. Sponsor has already made 30% prepayment for the vessel “Zenne”.
The interest rate for the loan is 15% per annum and Sponsor has agreed to monthly interest payments. Loan principal is returned semi-annually.
The source for interest payments and principal return planned to be cash flow which is generated by exploiting “Zenne”.
Expected rate of return (IRR) for this investment
on an annual basis.