WFW Advises Lenders on US$350m Revolving Credit Facility for Ardmore

Watson Farley & Williams (“WFW”) advised a consortium of lenders comprising Nordea Bank Abp, filial i Norge (“Nordea”), acting as facility and security agent, Skandinaviska Enskilda Banken AB, ABN AMRO Bank N.V. and Danske Bank A/S on a US$350m revolving credit facility provided to Ardmore Shipping Corporation (“Ardmore”) to refinance Ardmore’s existing revolving credit facilities and for general corporate purposes. The facility was secured by 20 of Ardmore’s vessels.

marine link