Arc & Co secures £18m loan for super yacht deal

Arc & Co has worked together with Amber Lion Partners to arrange a €21m (£17.89m) loan, secured against a 72-metre super yacht.

The 50% LTV loan — provided by JP Morgan at a margin of 2.95% over Euribor on a six year term — was used to refinance an existing facility and raise an additional  €10m (£8.5m) for the client’s next new build yacht.

Andrew Robinson, CEO at Arc & Co (pictured above), said: “This loan was intricate due to the nationality and complexity of the client. 

“It really demonstrated the added value of our partnership with Amber Lion Partners. 

“Loans of this size and complexity rely on relationship trust, and working with Amber Lion Partners helped bring all parties together to make the deal happen.”

Avy Burstin, CEO at Amber Lion Partners, added: “This is the third completion of large structured financing that the partnership between Arc & Co and Amber Lion partners has produced. 

“Within the last couple of weeks, we have completed two complex real estate deals and one super yacht deal. 

“It demonstrates the power of our joint value proposition to ultra-high-net-worth individuals families throughout Europe and emerging markets. 

“We expect this partnership to grow and accelerate in momentum in 2022, with the opening of offices in various European locations.”

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