Watson, Farley & Williams Advises Seaspan Corporation on a US$350m Facility

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Seaspan Corporation on a facility agreement between ICBC (Industrial and Commercial Bank of China) of up to US$350,000,000. The secured loan will be used to refinance Seaspan’s existing debt obligations for seven vessels, and will be split into two loan agreements.

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CMS Advises Syndicate of Banks on USD 250 Million Loan

Law firm CMS has advised UniCredit, Raiffeisen and Sberbank as lenders of a 5-year USD 250 million loan to GeoProMining (“GPM”), a diversified metals resource company operating gold and copper mines in Russia and Armenia.

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Shearman & Sterling Advises on IPO and First-Ever Mexican REIT Corporate Credit Facility

Shearman & Sterling represented Citigroup Global Markets Inc., Goldman, Sachs & Co. and HSBC Securities (USA) Inc., as the initial purchasers, in connection with the Rule 144A/Regulation S initial public offering of Terrafina, a Mexican real estate investment trust, known by its Spanish acronym as a FIBRA. PREI, the real estate investment management and advisory business of Prudential Financial, Inc., and Terrafina’s internal management team will manage the FIBRA, which holds the third largest industrial portfolio in Mexico. The IPO raised gross proceeds of US$665 million and Terrafina’s real estate investment certificates (CBFI’s in Spanish) are listed on the Mexican Stock Exchange.

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Tags:  Shearman & Sterling LLP | New York