Huay Yee Kwan
Partner
Huay Yee Kwan has a long track record of advising on high value and complex transactions for clients.
Partner
Huay Yee Kwan has a long track record of advising on high value and complex transactions for clients.
Languages - English, Mandarin
Since joining Stephenson Harwood in 2007, Huay Yee has become a key member of the team and has been at the forefront in executing some of our most high profile transactions. Her experience encompasses a wide range of asset classes including offshore assets and maritime containers. She is a dynamic and effective lawyer and has developed a strong reputation with clients as being technically knowledgeable and commercial in her approach.
During her career she has represented lenders, owners, private equity houses and lessees, advising them on international financing transactions including export credit supported financings and tax-leveraged leasing structures. Additionally, she has also advised clients on international security enforcement actions and restructurings, particularly those arising from insolvency and corporate rehabilitation proceedings.
German-based international shipping bank
Advising a German-based international shipping bank as agent for a syndicate of lenders in the US$488 million debt restructuring of a Singapore-listed shipping trust.
China-based shipping container owner and operator
Advising a Chinese shipping container owner and operator in the revolving credit facility provided by a Singapore-based international bank to refinance part of its portfolio of shipping containers.
Chinese financing leasing company
Advising on the financing with support by the Korea Trade Insurance Corporation by a syndicate of international lenders of three Korean-built boxships, which at 19,224 teu each, are currently the world's largest container ships.
Loan restructuring
Acting for a European bank on restructuring a loan facility made to a Singapore company which is a wholly owned subsidiary of a Thai listed entity (which also acts as guarantor). The original facility was advanced to finance the acquisition costs of three Singapore flagged bulk carriers and the restructuring involved, in addition to amending the repayment profile and LTV coverage, adding two further Singapore flagged bulk carriers as collateral security.
Vale S.A.
Advising in the sale to Polaris Shipping Co., Ltd. and leaseback of ten 400,000 dwt very large ore carriers, which involved a US$600 million financing package by a syndicate of Korean banks and private equity funds. This resulted in the launch of Polaris to the world's largest VLOC owner. Marine Money's Project Finance Deal of the Year 2012.
Bank of China
Advising Bank of China on a US$517 million pre and post-delivery financing to Pacific International Lines to finance 14 container ships being built in China. This was the first ship financing backed by Sinosure lease insurance policies with Trade Finance magazine describing the deal as “landmark for ship finance”.
Syndicate of international shipping banks
Advising a syndicate of banks in relation to twelve year syndicated loan facilities for 16 newbuilding vessels of US$510 million in total. The vessels are to be chartered by a major Korean shipowner to the world’s largest pulp and paper company.
Singapore-based international shipping bank
Advising an international shipping bank in relation to enforcement proceedings over defaults of mortgage payments.
Bank of Communications Financial Leasing Co., Ltd.
Advising on a landmark ships-for-shares deal for a fleet of 29 ships chartered to Trafigura, and sold to Scorpio Tankers and Frontline Ltd for US$668 million, US$675 million respectively. Marine Money The Editor’s Choice Deals of the Year – Ships for Shares 2019.
Bank of Communications Financial Leasing Co., Ltd.
Advising on the US$185.2 million financing of two containerships chartered to Maersk Line through a Japanese Operating Lease with Call Option structure. This was one of the first vessel JOLCO for a Chinese leasing company. Marine Money Leasing Deal of the Year – East 2019.
