When ESG concerns cause Reeperbahn Landesbank to sell his [...] million credit facility to "Loan-Own-Capital," a New York distressed fund, Norwegian shipping magnate Coco Jacobsen is forced to make a tough decision: put in another [...] million to defend his fossil fuel dependent company - or toss the keys to the hedge fund and disappear on his yacht. But when Coco learns that one of his lenders is a Sopranos-style money laundering operation that doesn't take kindly to losing money, he enlists his estranged CFO, Robert Fairchild, to get creative about saving his fleet - and maybe even the entire shipping industry. Exit Strategy is the third book in The Shipping Man series.
For readers new to the shipping industry, Matt McCleery's novels are a unique blend of fact and fiction that provide an entertaining and educational glimpse into the world of international ocean shipping and global capital markets. For shipowners, financiers and other industry insiders, the books are an affectionate celebration of the unique characters and timeless traditions that make the maritime industry so special.
Featuring fictional characters, transactions and plots, the books offer fun, fast-paced and easily accessible insight into the complex topics including commodity trading and transportation, ship owning, asset finance, hedge funds, public equity, project financing, transactional law, asset valuation, private equity, high yield bonds, mergers and acquisitions, bankruptcy and reorganization.
Since the publication of the first book in 2011, The Shipping Man trilogy has sold tens of thousands of copies and have been actively used by universities, business schools and maritime colleges and in the training programs of shipping companies, ship finance banks and multi-sector value investment funds around the world.