WFW advises Citibank and HSBC on first of their kind ECA-backed JOLCOs for Seaspan7 January 2022
These pioneering transactions were developed simultaneously and are firsts of their kind, combining two tried and tested ship financing structures.
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WFW advises HCOB on US$180m bank facility for MPCC20 December 2021
Watson Farley & Williams has advised Hamburg Commercial Bank on a new US$180m bank facility provided to an intermediate holding company of MPC Container Ships ASA.
WFW advises Norma Capital partnership agreement with REALITES for acquisition of MedCorner City healthcare hubs17 December 2021
Three operations have already been entered into on the basis of this partnership.
WFW advises CMFL on US$445.7m first sustainability-linked term loan facilities8 December 2021
The syndicated financing is linked to certain pre-determined key performance indicators on sustainability.
WFW advises Piraeus Bank on its first sustainability-linked loan2 December 2021
The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions.
WFW Global Maritime Sector Head Lindsey Keeble included in Lloyd’s List Top 10 Maritime Lawyers 202129 November 2021
Watson Farley & Williams is pleased to announce that Global Maritime Sector Co-Head Lindsey Keeble has been named one of Lloyd’s List’s Top 10 Maritime Lawyers for 2021, a highly prestigious accolade. This is the second time that Lindsey has been named in the top ten list following her inclusion in 2019.
WFW advises CPLP Shipping on US$150m Greek bond issuance29 November 2021
Watson Farley & Williams acted as English law counsel to CPLP Shipping Holdings PLC on the issuance and public offering of a US$150m corporate bond on the Athens Stock Exchange, guaranteed by Capital Product Partners L.P.
WFW advises Megaride on sale of M/v “Chiara D’Amato”24 November 2021
The ship, which was acquired by Megaride in 2021 as part of a restructuring agreement with Perseveranza S.p.A. di Navigazione group, was sold at her market price, enabling DeA to exit the dry-bulk sector.
WFW advises CA-CIB and HCOB on US$140m financing for GSL23 November 2021
WFW advised on matters of English, French, German, Marshall Islands and Hong Kong law, with five offices involved in the transaction.
Commercial Disputes Weekly – Issue 949 November 2021
In this week’s Commercial Disputes Weekly, the Commercial Court grants a lengthy extension for the time to challenge a consent award for serious irregularity. Another judgment has been added to the long running Prestige dispute between Spain and the vessel owner’s P&I Club.
WFW advises TUI Cruises on financial arrangements for second bond issuance27 October 2021
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.
Snacks: Digestible Weekly Labour News – Issue 2521 October 2021
Read the twenty fifth edition of our weekly update of Italian labour law.