WFW advises DekaBank on US$94m Scorpio Tankers credit facility20 October 2023
The credit facility will finance one MR product tanker and three LR2s.
The credit facility will finance one MR product tanker and three LR2s.
The entire portfolio was originally valued at €1.5bn and comprises assets across Europe and the US.
The barge will be a great asset to Portsmouth’s Naval Base with its arrival meaning that smaller vessels will no longer need to enter the base’s frigate and destroyer docks during maintenance.
TUI Cruises announced the pricing of its offering of €223.5m aggregate principle amount of 6.500% senior notes due in 2026 on 21 October 2021.
The Ishka Deal of the Year Awards highlight the best aviation financing transactions of 2020, recognising financing transactions and M&A for airlines, lessors and investors.
As the law firm with the largest dedicated maritime practice in the world, we are proud to be long-standing supporters of London International Shipping Week, which in a short time has grown to be one of the world’s premier maritime events.
WFW is delighted to announce that two deals the firm advised on have been named deals of the year at the Airline Economics Aviation 100 Awards 2021.
The deal, which was approved by the courts in on 2 September 2020, is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis, and was the first to be implemented using the UK’s new Part 26A of the Companies Act 2006.
The deal is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis.
In mid-May 2020, Bloxwich was used to provide upward and downward reserve flexibility to National Grid in the UK’s first of its kind trial using a battery.
The transaction was approved, subject to conditions, earlier in the year and involved the financial and commercial arrangements relating to the acquisition by TUIC of the HL Cruises’ business, including its luxury and expedition fleet, consisting of two five-star plus category luxury vessels and three expedition cruise ships.
The deal includes the acquisition of HL Cruises’ luxury and expedition fleet, consisting of two five-star plus luxury vessels and three expedition cruise ships, by TUI Cruises.