Reed Smith LLP

Transportation Department

USA - Nationwide
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What the team is known for Offers significant expertise to lenders in transactions financing vessels, offshore assets and maritime equipment. Knowledgeable of sale-leasebacks, securities and other structured financings. Notably handles matters pertaining to US and internationally flagged shipping.

Strengths A client remarks: "They are technically very good, flexible and understand both the US and European approach to shipping finance."

Clients say: "The team is focused on the finish line and doesn't over-lawyer the process."

Work highlights Advised Eagle Bulk Ultraco, a wholly-owned subsidiary of Eagle Bulk Shipping, on a $208.4 million senior secured credit facility provided by a syndicate of banks to refinance its fleet and provide needed capital for the installation of scrubbers, and for general corporate purposes.

Notable practitioners

Greg Chase is described by clients as "practical, commercial, experienced and a great quarterback." He handles international and domestic financing transactions for a variety of lender and lessor clients.