WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape
WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape Watson Farley & Williams (“WFW”) has advised Macquarie Bank Limited (“Macquarie”) in relation to the securitisation of certain underlying loans for Fleetscape Capital Limited (“Fleetscape”) in respect of the financing of ships on lease to various lessees. Oxane acted as facility agent and security trustee. This was an innovative and first of its kind securitisation in the shipping sector. Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape...
Source: hellenicshippingnews.com