On September 1, 2020, Carter Ledyard client Global SC Finance SRL completed a refinancing of an existing series of revolving asset backed notes involving an extension of the maturity and increase in the aggregate principal amount to $1.29 billion. Global SC Finance SRL is a subsidiary of Seaco SRL, one of the world’s leading marine container leasing companies. ABN Amro Capital USA LLC and ING Bank N.V. were the Joint Mandated Lead Arrangers for the transaction. Carter Ledyard partners James Gadsden, Andris J. Vizbaras and associate Brielle E. Kilmartin represented Global SC Finance SRL and handled all aspects of the transaction. Steven Paul McSloy, Aaron Cahn, Jennifer MacDonald and Jane Elberg also assisted with various aspects of the transaction.
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