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Shuaa Capital has completed its leveraged buyout (LBO) of Allianz Marine and Logistics Services with $160 million Secured Overnight Funding Rate-based (SOFR) acquisition finance facility from National Bank of Fujairah (NBF) and Apicorp.

United arab emiratesAl fujayrahJassim alseddiqiNational bankStanford marine groupApicorp arab petroleum investments corporationLogistics servicesAllianz marineSecured overnight funding rate basedMiddle eastPlatform supply vesselsAnchor handling tug supplyGroup chief executive officerShuaa capitalArab petroleum investments corporationRade arabia