Law firm enjoys a rosy outlook on port finance deals
Chris Brown, partner at specialist law firm Norton Rose, has been in the thick of some exciting port-related finance transactions in recent years, including the Baltic Multi-Port project (at Helsinki, Kotka and Saint Petersburg), the Gdansk Containerport, and a sponsor-driven port project at Valencia, Spain. In the Polish transaction,Norton Rose represented DVB Bank, which is providing up to ¢ 100m ($131m) to finance DCT Gdansk, owner of a deepwater container terminal worth ¢ 180m ($236m) put out on a 30-year lease to the port authority.The majority shareholder in DCT Gdansk is one of the dozens of infrastructure funds in the Macquarie group.
Chris Brown, partner at specialist law firm Norton Rose, has been in the thick of some exciting port-related finance transactions in recent years, including the Baltic Multi-Port project (at Helsinki, Kotka and Saint Petersburg), the Gdansk Containerport, and a sponsor-driven port project at Valencia, Spain. In the Polish transaction,Norton Rose represented DVB Bank, which is providing up to ¢ 100m ($131m) to finance DCT Gdansk, owner of a deepwater container terminal worth ¢ 180m ($236m) put out on a 30-year lease to the port authority.The majority shareholder in DCT Gdansk is one of the dozens of infrastructure funds in the Macquarie group.
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