Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout

Links

CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Teekay, the Bank – Innovation Award

We’re prejudiced. When we saw this transaction back in July, we knew it was a winner. To describe it as outside of the box is an understatement and therefore it is a perfect fit for this award. It is a product of the times, evidencing that the reduced availability of shipping debt is affecting the cost of capital, the structure through which it is lent and, as result, who provides it. In this instance, what some might view as expensive capital was provided to a shipowner in the form of a loan. And it works.

This is only an excerpt of Teekay, the Bank – Innovation Award

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login

Username
Password
 


Related Archive Files


Written by: | Categories: Deal Of The Year Awards, Marine Money | February 1st, 2011 |

Tags: ·

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.