WFW advises First Citizens Bank on US$123m Greek shipping loan portfolio acquisition27 July 2023
The loans acquired pertain to 14 vessels owned by eight different ship owners.
The loans acquired pertain to 14 vessels owned by eight different ship owners.
This is GSL’s first sale and leaseback transaction, with the US$14,375,000 being made available to GSL under the sale and five-year capital leaseback.
We advised EnTrust Global’s Blue Ocean Funds on their US$150m sale and leaseback transaction of two container vessels acquired from and chartered back to two subsidiaries of Danaos Corporation.
We advised Deutsche Bank in relation to a US$180.5m term facility provided to Poseidon to repay and extinguish a previous secured bank debt facility.