The ING bank has completed two financial transactions in support of the Italian shipping company Premuda, with the before it concerns a $65 million loan to support from Pillarstone and management in the recent buyout, in which ING acted as sole lender ( of 5 May 2025). ING highlighted that the transaction has a unique structure in the Italian shipping scene, with the bank which sees the loan guaranteed exclusively on the shares of the target companies, demonstrating confidence in the value of the operation and in the customer's industrial vision. At completion of this path, it has recently been a 40 million Sustainability Linked Loan (SLL) also finalized for the acquisition of PS eco-design product tankers Singapore and PS Sydney. Funding is tied to to the decarbonization strategy of Premuda's fleet.

"With these two operations - underlined Andrea Diamanti, Head of Wholesale Banking at ING Italia - we confirm the solidity of the development plan of the Wholesale division Banking in Italy. Our goal is to strengthen the role of of ING as a benchmark in corporate investment banking in the country. Support for medium-large companies also passes through through our international network, which in this case has effective collaboration between the teams based in Italy and the United Kingdom".