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.
WFW has advised Borealis on its agreement to sell 12 containerships to GSL for an aggregate price of US$233.9m.
This is GSL’s first sale and leaseback transaction, with the US$14,375,000 being made available to GSL under the sale and five-year capital leaseback.
The cross-border WFW Maritime team that advised the bank on the transaction was led by London Partner Kavita Shah, with New York Partner John Benson leading on the US law aspects of the transaction.