WFW advised an Asian financial institution as arranger, agent, security agent and lender on a US$201.85m sustainability-linked JOLCO with ONE as lessee and FPG as equity provider for two portfolios of container boxes comprising dry container boxes and reefer container boxes.
The deal won Best Supported Financing Deal of the Year Award 2023.
This is the first post-pandemic JOLCO financing for a major US air carrier.
The sustainability-linked margin adjustment targets in the loan tie in with Air France’s sustainability goals.
Watson Farley & Williams is delighted to invite you to our first Tokyo maritime seminar, where lawyers from our Tokyo, Singapore and London offices will speak on the current trends and hot topics within the shipping space.
Five deals that the firm advised on won awards.
This is the latest in a string of high-profile recognition for these ground-breaking financings.
Seaspan will use the loan proceeds to fund 15 7,000 TEU dual fuel newbuild container vessels.
The interest rate under the term loan facility is linked to an annual ESG score.
The Asset Triple A Sustainable Infrastructure Awards honour the institutions and the deals in Asia each year
These pioneering transactions were developed simultaneously and are firsts of their kind, combining two tried and tested ship financing structures.