Capital Times served as an advisor for Ascet Shipping in a deal to raise financing for a purchase of self-propelled vessels for river-sea navigation under the NBL-90 project. The barges are 90 meters long with a total load capacity of almost 6,000 cubic meters each. They are designed for the transportation of general and bulk cargo.
This was the fourth deal for Capital Times in the logistics industry in recent years. The previous deals are a successful arrangement of the loan of EUR 31 million from the Black Sea Trade and Development Bank for the construction of a grain terminal in the Mykolaiv commercial seaport, an attraction of the South Korean corporation Posco International as a foreign partner for the further development of the grain terminal in the Mykolaiv port, and the sale of the Ukrainian leading vegetable oil export terminal Everi to a multinational commodity trading company Glencore.
About Ascet Shipping
Ascet Shipping is a large port operator in the grain forwarding market in Ukraine. The company has five branches across the country’s coastline. Ascet Shipping operates in Berdyansk, Mariupol, Mykolaiv, Odesa, and Kherson seaports, cooperating with the major grain traders in Ukraine.
About Сapital Times
For over 15 years, Capital Times has been providing its clients with high-quality investment banking services, including excellent execution of mergers and acquisitions, fundraising, strategic advisory, value maximization consulting, and debt restructuring.
The company’s offices are located in Ukraine and Belarus.
Capital Times is a member of Globalscope Partners, an international network of M&A advisors operating in 45+ countries.
Capital Times has closed 31 M&A deals in Ukraine and Belarus and has implemented more than 180 consulting projects in 13 industries.