Grimaldi Group has secured loans for a total of €70m ($68m) to buy two jumbo ro-ro vessels.
The two loans from Turin’s Intesa Sanpaolo will be used to purchase the newbuildings recently delivered from the CSC Jinling Shipyard in Nanjing, China.
Both lines of credit have been structured from Intesa Sanpaolo’s IMI corporate & investment banking division, led by Mauro Micillo.
