Aircraft & shipping finance

We advise on a wide range of asset and structured finance products, including the financing and leasing of ships and aircraft.

We have varied experience that includes syndicated loans, multiple draw down, multi-currency options, revolving credit facilities, guarantee facility agreement, pre-delivery and post-delivery financing and re-flagging fleets and vessels from various jurisdictions. We negotiate terms for the acquisition and disposal of assets. We draft loan and security documentation, and advise on dry and wet leases, bareboat and time charters. We also advise on sophisticated structures in the acquisition and leasing of corporate jets including fractional ownership schemes and the public transport issues which arise in relation to their operation.

We guide clients on tax issues, insolvency, and the role of inter-bank lending in the financing of ships and aircraft and are experienced in acting for private clients purchasing aircraft, yachts and other luxury property.

Recent work

  • Refinancing of four cruise ships.
  • Pre-delivery and post-delivery finance for the acquisition of a Panamanian vessels for a German bank.
  • Acting for a major international bank in the financing of six DC10-10 aircraft sold by a major US airline to a leasing company and then to Swedish limited partnerships.
  • Acting for a Californian leasing company buying and leasing back three Shorts SD30-100 aircraft from a UK airline.
  • Acting for a bank in financing four Boeing B757-320 cargo aircraft and the refinancing of a McDonnell Douglas DC8-62 aircraft.
  • Rescheduling of a syndicated loan secured on a swamp barge.
  • Syndicated loan for the purchase of a storage tanker.