Watson Farley & Williams (“WFW”) has advised long-standing client Danaos Corporation (“Danaos”) on the refinancing of US$1.25bn of its outstanding senior secured debt (which totalled US$1.3bn as of 31 December 2020). Danaos has refinanced all its outstanding debt under nine senior secured credit facilities, streamlining its capital structure from nine credit facilities to one. WFW …
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