Jeffrey Tanner
Partner
Jeffrey is recognised as a leading transactional lawyer known for his expertise in banking, finance and marine and energy transactional matters.
Partner
Jeffrey is recognised as a leading transactional lawyer known for his expertise in banking, finance and marine and energy transactional matters.
Language - English
Jurisdiction - England & Wales
He specialises in all aspects of banking and finance including asset finance, project finance, mezzanine finance, seller credit finance, corporate finance, ECA finance (with a particular focus on K-sure, KOBC, Sinosure and GIEK) and limited recourse finance.
With over a decade of private practice experience, Jeffrey has built a strong reputation in the Asia Pacific region where he has been based since 2012. Amongst other awards, he has recently been recognised as a 'Rising Star' for Asset Finance and Shipping by The Legal 500 Asia Pacific, and described by clients as a "first-class lawyer".
Jeffrey has significant experience of advising on restructurings (including schemes of arrangement) and distressed debt matters, chartering, operation and maintenance, joint ventures, framework agreements, joint development agreements (including LNG-to-gas projects), loan portfolio sales, sale and leasebacks and JOLCO structures.
ECA backed financing
Acting for a Singapore ship owner on a US$290 million refinancing of six vessels to be advanced by a syndicate of international banks (including KEXIM a Korean ECA).
AET revolving credit facility
Advising AET on an innovative US$575 million fleet financing revolving credit facility provided by a syndicate of international banks with SCB as lead arranger secured against selected vessels within the fleet with a swap out function.
Listed share margin call RCFs
Advising a corporate in respect of US$375 million of corporate finance revolving credit facilities backed by listed shares on a margin call basis.
US$180 million bridge facility
Advising a corporate in connection with a US$180 million bridge facility.
BW Pacific US$676 million financing
Acting for a BW Pacific on a refinancing of a US$676 million multi-tranche and revolving credit facility in relation to 29 vessels to be advanced by a syndicate of international banks (operating though their Singapore branches).
New York Fund
Advising a New York based fund on US$104 million financing of a US$154 million new-build offshore accommodation jack-up-rig. The financing was provided by a Chinese lender and was Sinosure backed. The rig was chartered to Maersk.
Nordea re-domiciliation / universal succession
Advising on a cross border consolidation including, amongst other things, the impact of the consolidation on the security and the requirements in the financing documents related to mergers. This involved dealing with a wide range of different jurisdictions in consultation with foreign counsel and reviewing the position for various types of facilities (term loan, revolving credit and ECA backed facilities etc) and structures (syndicated, bilateral and participation loans).
JOLCO
Assisting BNP Paribas connection with a sale and lease back structured as a JOLCO involving the Japanese leasing company NTT and the international shipping company PIL.
Scheme of arrangement
Advising Nordea in connection with a scheme of arrangement sought but Solstad in respect of a double merger and financial structuring of various global facilities.
Limited recourse US$162 million ECA backed financing
Advising ING Bank on the structuring and documentation of a structured multi-tiered debt US$162 million KOBC guarantee backed financing. This financing involved senior, mezzanine and junior tiers of debt, complex security interest and intercreditor considerations, ECA support in the form of a KOBC guarantee in favour of the mezzanine lenders, the incorporation of a KOBC special purpose vehicle, the sale and lease-back of 21,870 high cube and cargo marine containers to Hyundai Merchant Marine Co. Ltd and a subsidiary of CAI International Inc. acting as collection agent and container manager for ING.
