Watson Farley & Williams (“WFW”) advised Globus Maritime Limited (“Globus”) on their US$28m sale and leaseback of newbuild bulk carrier m.v GLBS MIGHT with a Japanese leasing house.
This is Globus’ first sale and leaseback transaction, with the US$28m being made available under a ten-year capital sale & leaseback arrangement.
Athens based Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide with a current fleet of eight dry bulk vessels comprising four Kamsarmax, one Supramax and three Ultramax vessels. It is listed on the Nasdaq Capital Market.
The WFW Athens Maritime team that advised Globus Maritime was led by Partner Vassiliki Georgopoulos, supported by Counsel Georgia Asimakopoulos and Associates Angelos Michas and Stavroula Giannopoulou.
Vassiliki commented: “We are delighted to have acted for Globus on its first ever sale and leaseback transaction. This deal highlights our team’s unrivalled ability to deliver high quality legal services to our clients on complex matters”.
