WFW advises Banco Popolare on “Toscana” towboat financing
Watson Farley & Williams (“WFW“) has advised Banco Popolare on its loan to Fratelli Neri S.p.A. to partially finance the acquisition of the “Toscana” towboat, which was built in the Damen Shipyards in Gorinchem (Netherlands) and registered in Genoa. WFW also advised on the towboat’s delivery phase.
Banco Popolare is an Italian bank, formed in 2007 from the merger of Banco Popolare di Verona e Novara (BPVN) and Banca Popolare Italiana (BPI). The bank is listed on the Borsa Italiana’s FTSE MIB index.