Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 09-11-2016 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Financing for Reliance Ethane Ship Financing | Industry: | Industrial Transportation |
| Description: |
Milbank, Tweed, Hadley and McCloy LLP advised the Korean export credit agency, Korea Trade Insurance Corporation, the ECA co-ordinator, HSBC, the commercial facility co-ordinator, Standard Chartered Bank, the K-sure covered facility lenders and the commercial facility lenders, on the structuring and documentation of a complex multi-jurisdictional ethane ship financing for Reliance. The USD573 million loan was to part finance construction of six state-of-the-art very large ethane carriers (VLECs), the largest ethane vessels ever built in the world.
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| Financial Center: | London | Value: | 500.01-1000.00 |
| Advised Party: | Debt Provider,Lessor/Lender | Law Firm | Milbank |
| Leased Asset Jurisdiction | India | Lessee Jurisdiction | Republic of Korea,India |
| Classification: |
Asset Finance and Leasing ShippingProject Finance Industrial |
Lawyer | John Dewar |
