Silversea said the proceeds of its first notes offering will go to refinance or replace existing debt, including the facility to finance the purchase of newbuild Silver Muse, to repurchase Silver Shadow and to pre-fund capital expenditure requirements.
Silver Muse is nearing completion at Fincantieri's Sestri Ponente yard.
The private placement was driven by Silversea executive chairman Manfredi Lefebvre d’Ovidio with the support of ceo Roberto Martinoli, who in the last six months oversaw a bond issue for ferry giant Grande Navi Veloci, where he previously served as ceo and continues as chairman.
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