Watson Farley & Williams Advised MPC Capital On Sale Of Two Panamax Container Ships
Watson Farley & Williams (“WFW”) advised MPC Capital AG (“MPC Capital”) on the sale of two 4,250 TEU Panamax container
Watson Farley & Williams advised MPC Capital on sale of two Panamax container ships
Watson Farley & Williams (“WFW”) advised MPC Capital AG (“MPC Capital”) on the sale of two 4,250 TEU Panamax container ships.
As part of MPC Capital’s active asset management approach, charter extensions were agreed at an early stage of the project, extensive technical retrofitting measures implemented and a refinancing by Japanese lenders structured. These measures enabled a very strong return of 45% IRR and a MOIC of 2.0x over a two-year holding period.
MPC Capital is an international investment manager that initiates and manages project-focussed investment solutions for institutional investors in the maritime and energy sectors. With around 300 employees, MPC Capital Group manages more than 400 assets with a total value of €5.3bn.
Christian said, “We are delighted to have advised our long-standing client MPC Capital on this important step. The successful exit shows how a consistent, forward-looking asset management approach can realise substantial value enhancement potential. At the same time, it highlights the contribution that precise corporate advice can make when legal structuring and economic objectives are precisely aligned”.
The Watson Farley & Williams team that was led by Corporate Dr Christian Finnern (Partner), supported by Maximilian Hennig (Associate), and Bjarne Ruthke (Associate).
Click to know more about Watson Farley & Williams
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.