Asset finance

Asset finance

We have a strong track record of acting for the major international banks and finance lessors active in the shipping and offshore market. Our lawyers have experience acting for arrangers, lenders, ship owners and offshore service providers – which means that they are familiar with issues on all sides of the table. The team also acts in the private equity space. Being specialists in the shipping sector means that we also regularly advise our clients on refinancings and restructurings.
We are recognised for our commerciality and ability to solve problems using innovative financing structures. Our role ranges from providing strategic advice on handling problem loans from the time issues first emerge, through to workouts and enforcements.

DNB Asia Ltd.

Advising DNB Asia Ltd. on its US$2 billion loan portfolio transfer to their head office in Norway.

ING Bank

Advising ING Bank on a series of highly complex and innovative multi-tiered debt US$162 million and US$145 million KOBC guarantee backed financing.

Epic Gas fleet financing
Advising ABN AMRO Bank and Crédit Agricole on the major refinancing of a portfolio of 20 ships for Epic Gas.

Bank of Communications Financial Leasing Co., Ltd
Advising Bank of Communications Financial Leasing Co., Ltd on the financing of its US$1.35 billion newbuilding tanker project.

Aircraft lessors
Advising aircraft lessors on their sale and lease-back financings.

+ Experience

DNB Asia Ltd.

Advising DNB Asia Ltd. on its US$2 billion loan portfolio transfer to their head office in Norway.

ING Bank

Advising ING Bank on a series of highly complex and innovative multi-tiered debt US$162 million and US$145 million KOBC guarantee backed financing.

Epic Gas fleet financing
Advising ABN AMRO Bank and Crédit Agricole on the major refinancing of a portfolio of 20 ships for Epic Gas.

Bank of Communications Financial Leasing Co., Ltd
Advising Bank of Communications Financial Leasing Co., Ltd on the financing of its US$1.35 billion newbuilding tanker project.

Aircraft lessors
Advising aircraft lessors on their sale and lease-back financings.

Virtus Law LLP is a member of the Stephenson Harwood (Singapore) Alliance, a formal law alliance with Stephenson Harwood LLP.
The alliance enables us to offer clients an integrated service in multi-jurisdictional matters.

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