WFW advises lenders on US$350m revolving credit facility for Ardmore12 August 2025
WFW advised a consortium of lenders on a US$350m revolving credit facility provided to Ardmore Shipping Corporation.
WFW advised a consortium of lenders on a US$350m revolving credit facility provided to Ardmore Shipping Corporation.
All sustainability provisions, including both environmental and social targets, are consistent across the facilities.
The loan facility refinanced two existing loan facilities secured on a number of LPG vessels and provides working capital to the owner. It is secured on 11 LPG vessels registered on Belgian flag.
The first drawdown refinanced indebtedness in relation to nine VLCCs and three Suezmaxes and security included Belgian, Greek and French mortgages over these ships.
The facility is secured by mortgages over 34 vessels registered on Bermuda, Maltese and Liberian flag.
International law firm Watson Farley and Williams LLP (“WFW”) advised Nordea Bank AB (publ) (“Nordea”) in. . .
International law firm Watson Farley and Williams LLP (“WFW”) advised Nordea Bank AB (publ), filial i. . .
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