Law firm Stephenson Harwood has advised long-standing client MPC Capital, a global investment and asset manager for maritime and energy infrastructure projects, on a US$15 million term loan facility from First-Citizens Bank & Trust Company.
The loan finances the acquisition of a 2009-built Panamax container ship acquired by a joint venture company established by MPC Capital and certain of its investment partners.
The team was led by partner Dora Mace-Kokota and managing associate Roderick McGeachy, with support from managing associate Yui Ota-Barclay and associate Farah Butt.