Superyacht Financing

Over the last few years, a great number of Superyacht lending companies have sprung as the industry boomed.

One of those is Singer & Friedlander. However, this is a unit of Kaupthing, and anyone with an eye on the news will know that Kaupthing has been seized by regulators in Iceland, and Singer & Friedlander (based in London) went into administration yesterday.

Does anyone have any ideas what consequence these sorts of developments have for yachts that are financed by these institutions?

thanks.

Vetus Maxwell Tip of the Week

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