ARTICLE
30 November 2016

Clyde & Co Advises CM International Financial Leasing Co. On Dual Transaction

CC
Clyde & Co

Contributor

Clyde & Co is a leading, sector-focused global law firm with 415 partners, 2200 legal professionals and 3800 staff in over 50 offices and associated offices on six continents. The firm specialises in the sectors that move, build and power our connected world and the insurance that underpins it, namely: transport, infrastructure, energy, trade & commodities and insurance. With a strong focus on developed and emerging markets, the firm is one of the fastest growing law firms in the world with ambitious plans for further growth.
Global law firm Clyde & Co has advised CM International Financial Leasing Co. Ltd. (CMIG Leasing), one of the largest new leasing companies in China...
China Transport

Global law firm Clyde & Co has advised CM International Financial Leasing Co. Ltd. (CMIG Leasing), one of the largest new leasing companies in China, on its recent acquisition of two companies from another Chinese-based leasing company and subsequent lease and bank financing of two new build container ships.

The container ships were built by Shanghai Jiangnan-Changxing Shipbuilding Co. Ltd. and have been bareboat chartered to MSC Mediterranean Shipping Company S.A. (MSC).

This represented the first shipping transaction for CMIG Leasing with a global ship owner and is further evidence of the increasing importance of Chinese leasing companies as a key source of finance for the international shipping industry according to lead partner Conor Warde.

Hong Kong-based Conor was supported on the transactions by legal manager Amber Fan and associate Bryan Lo. Conor and Amber also attended the grand delivery ceremony of the second vessel MSC Clea in Shanghai on 21 November 2016 (pictured above). 

Clyde & Co advises CM International Financial Leasing Co. on dual transaction

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More