8.4 C
London
HomeSector InsightsCorporateWFW advises HCOB on US$95m seven vessel refinancing

WFW advises HCOB on US$95m seven vessel refinancing

Dawn Jackson
By Dawn Jackson

Watson Farley & Williams (“WFW”) has advised Hamburg Commercial Bank (“HCOB”) on a US$95m senior secured term loan facility to Hamburg Bulk Carriers (“HBC”) to refinance seven Liberian flagged vessels.

HCOB is a private German commercial bank, focusing on shipping, real estate, renewable energy and infrastructure as well as corporate business, both in Germany and internationally.

HBC is a bulk vessel operator based in Hamburg and Singapore that works closely with cargo owners, ship owners, traders and brokers.

The WFW Singapore Assets & Structured Finance team that advised HCOB was led by Partner Lizzie Roe, supported by Associate Becky Zhu and Senior Associate Charlotte Knight in Dubai.

Lizzie commented: “We’re very pleased to have supported HCOB on this important refinancing. The success of this transaction highlights WFW’s expertise in cross border financing transactions, our ability to coordinate and resolve issues across different jurisdictions and our position as a top tier legal advisor to the maritime sector”.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
Previous article
Banco Santander to Rollout Trovata to Automate Cash Forecasting & Liquidity Management for Corporate Clients
Next article
Browne Jacobson strengthens its UK&I commercial practice with hire of new retail & consumer specialist partner

latest articles

explore more

39 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LawNews.co.uk provides the latest legal news and analysis from around the world

most viewed

useful links

Copyright © 2022 LawNews.co.uk