Watson Farley & Williams (“WFW”) advised illimity Bank S.p.A. (“illimity”) acting as lending, arranging and agent bank and SACE agent, on two loans granted to Kalypso Compagnia di Navigazione S.p.A. (“Kalypso”) to finance the acquisition of the container ship “Burgundy”. The first loan was secured under the “SupportItalia” guarantee issued by Italy’s ECA SACE S.p.A. …