UAE-based asset management and investment banking firm Shuaa Capital has completed a debt buyout of Stanford Marine Group’s (SMG) AED1.13bn ($308 million) facility. Shuaa said in a release that the restructuring transaction had helped save hundreds of jobs at the OSV specialist, Stanford Marine, as well as ensuring a number of vessels can continue to …
UAE-based asset management and investment banking firm Shuaa Capital has completed a debt buyout of Stanford Marine Group’s (SMG) AED1.13bn ($308 million) facility. Shuaa said in a release that the restructuring transaction had helped save hundreds of jobs at the OSV specialist, Stanford Marine, as well as ensuring a number of vessels can continue to …
[post_title] => Shuaa Capital rescues Stanford Marine
[post_excerpt] => UAE-based asset management and investment banking firm Shuaa Capital has completed a debt buyout of Stanford Marine Group’s (SMG) AED1.13bn ($308 million) facility. Shuaa said in a release that the restructuring transaction had helped save hundreds of ...
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