BW Group Limited’s US$152 Million Operating Lease Financing

Watson Farley & Williams advised BW Group Limited on the deal.

BW Group Limited (“BW”), one of the world’s leading maritime groups in the tanker, gas and offshore sector, was involved on the US$152,250,000 Japanese Operating Lease financing in respect of a 174,000 cbm LNG carrier, “BW Helios”.

The Singapore-flagged vessel, which is equipped with the latest ME-GI dual-fuel two-stroke engine and full reliquefication capabilities, will be bareboat chartered to a subsidiary company within the BW group and brings the group’s fleet of LNG vessels to 23 in total.

The WFW Hong Kong team advising BW on the transaction was led by Partner and WFW Asia Assets and Structured Finance Group Head Madeline Leong (Picture), supported by Counsel Valerie Lee.

Involved fees earner: Valerie Lee – Watson Farley & Williams; Madeline Leong – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: BW Group Limited;

Author: Sonia Carcano