WFW advises HCOB on US$50m MPCC loan6 September 2023
The loan facility was used to purchase five vessels.
The loan facility was used to purchase five vessels.
Attention should be paid to the newly published guideline of the tax authorities on the German tonnage tax regime which provides further clarifications on related aspects (subject to final and pending court decisions).
Partner Dr Clemens Hillmer published an article in the magazine HANSA (08/2023) on the impact of the Hong Kong Convention.
US$24bn Simandou, on which we are advising the Republic of Guinea, hit a major milestone last week with the signing of the core transaction documents.
We have another strong set of results in the H1 2023 energy and infrastructure league table rankings.
This article discusses the recent Canadian judgment of South West Terminal Ltd v Achter Land and Cattle Ltd, which should be noted with caution by trading companies and other organisations whose personnel regularly discuss contract terms via informal communication methods, such as WhatsApp, Telegram or WeChat.
The deal includes disposing of the 2,800 TEU container ships Cimbria and Cardonia.
This article discusses the updates on Circular 08 issued by the State Bank of Vietnam on foreign exchange administration for offshore borrowing which will take effect from 15 August 2023.
Consisting of a 50% term loan and a 50% revolving loan, the credit facility has a final maturity of 30 June 2028.
WFW led and negotiated the entire transaction, including finalising the sale and purchase agreement.
Join us for our ‘Sustainability Imperative’ Question Time Breakfast.
The loans acquired pertain to 14 vessels owned by eight different ship owners.
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