Dorian LPG ship financing

23/3/2015
Asset finance

$ 758 million

Completed

23/3/2015


Overview:

  • A syndicate of lenders with Citibank acting as ECA agent has provided financing of $758 million for eighteen LPG carriers that are being built.
  • The financing transaction involved Korean ECA support from both Korea Trade Insurance Corporation and the Export-Import Bank of Korea.
  • The financing was arranged by Abn Amro and Citibank, and was guaranteed by Dorian LPG. 

Katrin Kostadinova - Data analyst

Jurisdiction:

South Korea

Deal type:

Asset finance

Practice area:

Asset finance

Governing law:

South Korea

Industry sector:

Shipping


Firms:

Party: Citibank (Creditor)

Lawyer: Hi Sun Yoon


Party: Dorian LPG (Lender)