Thiyana Ilangchizian
Associate at Virtus Law*
Thiyana is a solutions-oriented lawyer with expertise in a range of finance and corporate matters, particularly in the maritime, trade and offshore sector.
Associate at Virtus Law*
Thiyana is a solutions-oriented lawyer with expertise in a range of finance and corporate matters, particularly in the maritime, trade and offshore sector.
Language - English
Jurisdiction - Singapore
Thiyana's principal area of practice is banking and finance, with a focus on shipping finance. She supports financiers and multinational corporations on complex cross-border projects and advises on loan and security documentation for debt facilities. Her experience spans a variety of financing transactions including bilateral and syndicated loans, term and revolving credit facilities, re-financings, and sale and leaseback structures. She also assists ship owners in vessel sale and purchase transactions and vessel registrations.
Thiyana is also well versed in corporate matters and has advised on private mergers & acquisitions, joint ventures, and corporate restructurings involving amalgamations and large-scale redomiciliations of foreign entities to Singapore.
Virtus Law LLP (T13LL0339K) and Stephenson Harwood LLP (T13LL0821C) are registered as a Formal Law Alliance in Singapore under the name Stephenson Harwood (Singapore) Alliance. Both firms are registered in Singapore under the Limited Liability Partnership Act (Chapter 163A) with limited liability. The term "partner" is used to refer to a member in one of the constituent law firms.
US$1.3 billion project finance structure
Advised a consortium of 13 lenders led by Standard Chartered Bank on a US$1.3 billion project finance structure, relating to the pre- and post- delivery financing of Yinson Production's floating production, storage and offloading unit 'Agogo FPSO'. East Project Finance Deal of the Year Award, 2024 – Marine Money
US$225 million revolving credit facility
Advised a syndicate of lenders on a US$225 million revolving credit facility with an optional US$60 million accordion credit facility for the re-financing of x10 vessels.
Sustainability-linked loan
Advised a syndicate of lenders on the increase of Peacock Container Group's existing sustainability-linked loan to US$350 million.
Cyan Renewables
Co-advised Cyan Renewables on its AU$1.1 billion acquisition of MMA Offshore, a Perth-based ASX-listed offshore vessel support company.
BW Epic Kosan Ltd.
Advised BW Epic Kosan Ltd. on the corporate amalgamation of 18 pre-existing shipowner companies into a single entity, as part of a refinancing of a US$160 million sustainability-linked loan.
Redomiciliation of BW LPG Limited
Advised on the redomiciliation of BW LPG Limited (listed on the NYSE and OSE) from Bermuda to Singapore.
