Asset finance
“This group is respected by peers for its high-quality practice, which handles the gamut of aviation finance matters. The team's specialisms include cross-border operating leases and export credit financing”
Chambers Asia, 2012
Our Singapore asset finance team is acknowledged as one of the leading practices in the region for the shipping, aviation, off-shore finance and energy sectors. We can provide the full range of legal services to these industries, covering not only finance, but also litigation and dispute resolution, commercial contracts, corporate/M&A, capital markets, Islamic finance and securitisation work.
We have been advising on asset financings for over 30 years and have become set apart from our competitors because of our long-standing involvement in the space as well as the size of our local asset finance practice.
Working alongside our global asset finance colleagues, we provide advice on both local and international asset financings for a range of clients throughout Europe, Asia, Australia, Canada, Africa, the Middle East, Latin America and Central Asia.
We deliver:
- A leading practice in aviation financing; our aviation team continues to advise leading financial institutions, airlines and leasing companies on PDP financings, sale and leasebacks and export credit financing transactions among others
- The largest and most diverse shipping practice in Asia; we continue to focus on innovative structured financings for shipping and offshore projects globally, with emphasis on the energy transportation/oil and gas upstream sectors
- Expertise in projects involving offshore drilling/production rigs, FPSOs and FSOs and have advised on a number of such transactions over the past 12 months
Our areas of work include:
- cross-border leasing
- domestic and international tax
- export Credit Agency (ECA) supported financing
- procurement
- structured and operating leasing
- structured asset and debt financing
- security arrangements
- transaction structuring
Our recent work:
- Advising DVB Group Merchant Bank (Asia) Ltd. in connection with a US$420 million export credit supported loan facility to OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A
- Advising Sumitomo Mitsui Banking Corporation (SMBC), as arranger, in respect of the US$137 million secured limited recourse project financing of the FSO "Orkid", owned by a joint venture between MISC Berhad and PetroVietnam Technical Services Operation and located offshore Malaysia and Vietnam
- Advising Axis Bank Limited on US$100 million loan facilities to Adani Group in relation to the construction and acquisition of two bulk carriers
- Advising State Bank of India on a US$260 million loan facility to The Shipping Corporation of India Limited in relation to the construction and acquisition of six product tankers
- Advising Standard Chartered Bank on the pre-delivery payment financing of five Airbus A320 aircraft to Tiger Airways
- Advising Calyon in the export credit supported financing of one Eurocopter to Berjaya Air
- Advising a major European bank in relation to the US$208 million financing of 3 car carriers for Eukor Car Carriers Inc
More information on our global asset finance practice