Partner
Peter is an asset finance Partner, known for his expertise in complex cross-border maritime and aviation transactions.
Language: English
Jurisdiction: England & Wales
Peter specialises in guiding banks, financial institutions, and asset owners through maritime and aviation finance transactions. His work spans multi-jurisdictional financings, chartering, leasing, asset sale and purchase, and secondary debt trading, with a focus on ‘big ticket’ transactions. Peter’s clients include some of the world’s most prominent financial institutions and asset owners who rely on his ability to navigate complex financial landscapes and deliver innovative solutions.
Peter’s expertise extends to the full life cycle of transportation assets, from acquisition and disposal to distressed asset scenarios such as insolvencies and restructurings. He has advised on other types of high-value transactions, including the sale and leaseback of ships and aircraft, letter of credit and guarantee financing, and the financing of super-luxury yachts.
His strategic insight and commercial acumen ensures that clients can confidently manage their assets and investments, and his ability to solve problems quickly and effectively has made him a trusted partner in the maritime and aviation sectors.
Revolving Credit Facility
Advised a syndicate of 13 international lenders on a US$1.1 billion multicurrency revolving credit facility for SBM Offshore. This included an uncommitted option to increase the facility by an additional US$500 million, as well as novel borrowing base mechanics.
Crew Transfer Vessels
Advised a specialist private equity house and vessel owner in relation to the purchase of 17 newbuild CTVs, together with multiple secured financings in relation to those vessels.
Restructuring
Advised financiers in connection with the refinancing and restructuring of a leading UK based ferry company.
Aircraft Portfolio
Advised syndicates of between 7 and 13 banks in relation to 8 secured and unsecured financings worth c.US$6+ billion for AerCap.*
Helicopter Portfolio
Advised an assets specialist credit fund with the purchase of 3 helicopters from a leading global helicopter owner.
Super Yacht / Cruise
Advised SACE and a syndicate of banks in relation to the ongoing financing of up to 5 super-luxury yachts, with a hospitality offering being provided by a world leading hotel group.*
Repossessions
Assisting multiple lessors and banks in connection with defaults, deferrals and repossessions arising out of or in connection with the COVID-19 pandemic and the aftermath over the last few years.*