$5M Stock Loan Request for Yacht Purchase

We were contacted by a private advisor who represented a HNW client in Spain. The client was purchasing a new yacht in Monaco and required a fast closing on their yacht purchase. The borrower was an early investor and a board member of a publicly listed company on the London stock exchange, in which required complete privacy and confidentiality. The borrower had a concentrated position of millions of dollars of shares in a France based company. The borrower could have gone the conventional financing route, however being exposed in a concentrated position and did not wish to sell the shares decided to go with the securities loan avenue.

Primary Facts:

• Stock loan request $ 5 M euros for a yacht purchase in Monaco

• Market Capitalization $100 M

• Daily Trading Value $50,000

• LTV 55%

• Interest Rate Fixed 3.99% simple interest only

• 5 year term 3 year lock out

• Non-Recourse, Non-Title Transfer

Using our expertise and relationship with our premier partner lender we were able to curate a custom stock loan and close on this transaction in less than a week. The client was very happy not having to sell off their shares to fund their yacht purchase.

Let us know how we can help you with your stock loan transaction. We would love to show you how quick and easy it is to get a stock loan.