WFW advises HCOB on US$180m bank facility for MPCC
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.
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.
Three operations have already been entered into on the basis of this partnership.
Energia has one of the largest dedicated wind and solar investment teams in Europe and is currently investing in its fifth renewable energy fund, Taaleri SolarWind II fund.
Bulb is the UK’s seventh largest energy company with 1,000 staff and over 1.6m customers.
Watson Farley & Williams has advised Homnia on the drafting of their standard development contract and lease templates for the development of inclusive residences.
The syndicated financing is linked to certain pre-determined key performance indicators on sustainability.
Their appointments form part of a new leadership and governance structure for WFW endorsed by the firm’s partnership, replacing the previous model led by joint Managing Partners and a Chairman.
The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions.
This is the first occasion when 100% of the equity in a container box ABS has been sold to third-party investors and only the second time that any equity in a container box ABS has been sold to third party investors.
Watson Farley & Williams has successfully advised Ryanair on its appeal against the Italian Ministry of Infrastructure and Transport’s Decree no. 2/2020, which imposed Public Service Obligations on scheduled air services between Trapani airport and other six destinations.