Major Commercial Bank - Guernsey

Acted as Guernsey counsel in respect of a bridge loan facility and two other credit facilities, totalling several US$ billion, to this leading global shipping organisation which owns ports, terminals, cruise liners and container ships around the globe. Ogier advised on all aspects of the secured financing including the local security and guarantees.

The transactions involved a loan to a Guernsey company, guarantees by Guernsey companies and security over shares in Guernsey companies and other Guernsey assets.