• King's Golf course at Bled

Investment opportunities


There has never been a better time to land your investment in Slovenia

For investors seeking to buy into state-owned enterprises, timing is perfect as the government is preparing to dispose of its stakes under the sovereign holding law. The process of selling assets will be transparent and investors will have only one entity to talk to.

Investment

Boat-building project in distress

The Company established for construction of luxury yacht is in need to gain some additional funds for its completion. Invest in our claims secured with the vessel and take over the project.

Distressed securities: Luxury yacht


Public Invitation for Expression of Interest 


HETA Asset Resolution d.o.o. is hereby publishing a public invitation for expression of interest to purchase of claims in its ownership in accordance with an open and transparent procedure. 


Subject of public selling process: EUR 17.7 mio financing of luxury yacht construction

 

The Company was established for construction of luxury yacht. Now they need to gain some additional funds to complete the yacht and since HETA is wind down entity we can't offer further project financing. Therefore we are presenting you with opportunity to take over the project.


Ownership

  • Private individual: 33.3% share
  • Private individual: 33.3% share
  • Private individual: 33.3% share

Source: AJPES, April 2016

 

Company had only two creditors (Hypo Leasing d.o.o. and TCV d.o.o.). In year 2014 HETA became creditor and owner of claims towards SPV which was previously financed by Hypo Leasing d.o.o. and TCV now the Client has 17,7 million EUR of debt towards the HETA Asset Resolution Group. The maturity of 16 million EUR loans are already overdue.

Loan is secured with several collaterals. Main collateral presents the vessel itself.


Collateral

  • Mortgage: 1st mortgage on vessel
  • Mortgage: 1st mortgage on business premises
  • Mortgage: 4th mortgage on additional assets
  • Mortgage 5th mortgage on additional assets
  • Corporate guarantee: company
  • Corporate guarantee: company in bankruptcy
  • Personal guarantee: three private individuals



LUXURY YACHT


Commercial class: RINA

Length: 46.5 m

Guests: up to 12

Cabin: 5

Top Speed: 16 kts

Cruise Speed: 12 kts

Range: 4,500 nm

Fuel Capacity: 66,700 l

Beam: 9.1 m

Max Draught: 2.5 m

Crew: 10

 

Luxury yacht has an eye-catching design and is very spacious for her size, with large interior volumes and huge outdoor decks. Vessel features include zero speed stabilisers, a helipad and accommodation is for 10 guests in a full beam master suite on the main deck, two VIP staterooms and two twin cabins. 

Yacht has twin 969KW Caterpillar diesel engines which gives her a range of 4,500 nautical miles at her cruising speed of 12 knots. 

Yacht has been designed as a trans-ocean motor yacht for worldwide cruising, with an advanced displacement hull. This means she will provide the comfort you expect whether you are cruising in cold Alaskan waters or in the hot and humid tropics. It has steel hull and aluminium superstructure. Hull and superstructure finished with AWLGRIP paint system and all decks are laid in 20mm teak.



Contact point

More information about the individual claims and selling process can be found at www.har.si

 

All the documentation must be sent in hard copy or electronically to the following address:

HETA Asset Resolution d.o.o.

Dunajska 167, 1000 Ljubljana, Slovenia

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