WFW advises HCOB on US$100m revolving credit facility for MPCC
The revolving credit facility was secured by 14 vessels.
The revolving credit facility was secured by 14 vessels.
Railpool will use the funds to procure, among other things, 50 new universal locomotives manufactured by Alstom Traxx.
The loans acquired pertain to 14 vessels owned by eight different ship owners.
Amelia has expertise in both maritime and asset and structured finance law as well as in the energy and offshore sectors.
This transaction resulted from HSBC’s decision to sell its Greek shipping portfolio, of which Piraeus Bank acquired the highest number of loans.
Tor Boreas is part of UK-headquartered shipbuilder the Tor Group.