WFW advises CACIB on first Precious Shipping JOLCO financing

Watson Farley & Williams (“WFW”) advised Crédit Agricole Corporate and Investment Bank (“CACIB”) on the US$50m JOLCO financing of four dry bulk carriers for Precious Shipping Public Company (“Precious Shipping”). The transaction represents Precious Shipping’s first JOLCO financing, marking a notable diversification of its funding sources. SBI Leasing Services Co., Ltd. served as Japanese equity …

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