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Banking & Asset Finance
The Banking and Asset Finance Team acts for the world’s leading banks, financial institutions and businesses. In addition to deals involving international institutions, the group is involved in many of the islands’ biggest financial transactions. The team offers our clients a wide range of services in relation to numerous forms of financing transactions.
Our practice is focused on three major areas:
Banking
Ship & Aircraft Registration and Finance
Asset Backed Finance
Banking
We act on behalf of banks and other financial institutions and have extensive experience in advising on:
- Syndicated letter of credit facilities in support of insurance/reinsurance and capital market liability
- On-shore lending secured by a portfolio of securities offshore with or without custodial obligations
- Trade finance e.g. documentary credits, ISDA agreements
- Reviewing terms/conditions of standard facility and security documentation
- Financing power projects in Asia and Latin America; telecommunications ventures in South America; and oil and gas projects in a number of countries
Ship & Aircraft Registration and Finance
We act for ship-owners, aircraft owners, lessors, lessees, banks and other financial institutions. Transactions are invariably international, and to that extent we have developed contacts with numerous law firms, shipping groups and financial institutions around the globe. Our lawyers have extensive experience in advising on a broad range of shipping and aircraft transactions including:
- Loan agreements and security documents
- High yield debt offerings
- Syndicated (secured) loan transactions
- Off balance sheet structures
- Lease agreements
- Asset securitisation structures
- Sale and acquisition of vessels, and the financing of such transactions
- Registration of ships under the Bermuda, British Virgin Island and Cayman Island flags
- Shipping and marine insurance litigation
- Public equity offerings
- Joint venture structures
- Operating and finance lease structures
- Securitisation structures
- Registration of aircraft on the Bermuda and Cayman Island Register of Aircraft and Flight Crew
- Financing of aircraft acquisitions
Asset Backed Finance
We have experience with all aspects of asset backed finance transactions including:
- Acting for lenders and borrowers
- Advising in connection with the formation of SPVs and various security, priority/subordination agreements
Click here for list of publications related to this practice area.
Team Members:
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