WFW advises HSBC on US$300m Push Facility with SACE for nogaholding
The 10-year financing structured as a sustainability-linked loan is part of SACE’s Push Strategy programme and aims to increase business opportunities for Italian exporters.
Through our global network we deliver efficient, commercially balanced advice to export credit agencies (ECAs) themselves and to lenders on ECA-backed transactions. We regularly work as special advisers to ECAs on large, complex or innovative financings of assets and projects in our key sectors of Energy and Transport.
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Across our core sectors of Energy and Transport, we have worked with all ECAs active in these industries and are one of only four law firms appointed to the European ECA panel for Airbus aircraft financings.
The 10-year financing structured as a sustainability-linked loan is part of SACE’s Push Strategy programme and aims to increase business opportunities for Italian exporters.
The vessel was funded by a pre- and post-delivery financing facility backed by Italian ECA SACE.
Seaspan will use the loan proceeds to fund 15 7,000 TEU dual fuel newbuild container vessels.