• Chiusura raccolta
  • Inizio del periodo di investimento
  • Ora di inizio
    13.02.2019 14:00
  • Categoria di immobile
    Capitale circolante
  • Tipo di investmento
  • Data di fine dell'investimento
  • Orizzonte d'investimento restante
    Ritardo tra 1 e 90 giorni
  • Rendimento annuo
    16% annuo
  • Rendimento in contanti atteso
  • N. di investitori
  • Obiettivo
    €1 186 683

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

is 16%

on an annual basis.


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