Watson Farley & Williams has advised a syndicate of banks on the €283m refinancing of the 49.9 MW thermo-solar in Fuente Palmera, Córdoba, Spain.
Seamax operates a fleet of 12 modern, post-Panamax container ships and provides the world’s top shipping lines with over 1.2m deadweight tonnage in carrying capacity.
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.
This article discusses the replacement of LIBOR at the end of 2021 which is likely to create difficult technical and practical issues for all sectors of business and finance.
The first drawdown refinanced indebtedness in relation to nine VLCCs and three Suezmaxes and security included Belgian, Greek and French mortgages over these ships.