Client Stories
Restructuring „Das Traumschiff“, REEDEREI DEILMANN
Scroll
What we did
Investec was able to identify and solicit interest from several parties within days and completed the transaction with Aurelius who ultimately took a majority stake following a capital increase. In parallel a restructuring agreement could be negotiated with the senior and junior lenders which included German commercial banks and a large German shipyard.
About the deal
Reederei Deilmann, a German cruise line operator company that also owns the “MS Deutschland”, a five-star cruise liner which features in the TV series “Traumschiff”, was looking to source fresh equity to avoid the pending insolvency.
Sectors
Deal Type
Target Headquarter
Date
August 2011
Parties
