Clifford Chance

An international, full-service practice

As part of the firm's finance and capital markets practice, we work closely with our corporate, tax, insolvency, litigation and regulatory practices, to provide a sector-focused offering and full service capabilities.

Our practice encompasses the aviation, maritime and rail industries and we act for banks, leasing companies, operators, manufacturers, arrangers, private equity houses, investment vehicles, export credit agencies, government divisions and development banks, giving us a clear insight into the threshold requirements of transaction parties and industry fundamentals.

An experienced team

We have extensive experience of all transaction types within the sector, including:

• Mergers and acquisitions, operating leases, commercial debt financing, capital markets products, including EETCs, asset backed securitisations, secured term loans, "E-notes" and other debt and equity issuances. Export credit agency supported financing, including ECA bonds, operating lease financings, on a limited or full recourse basis, secondary debt trading, including loan portfolio acquisitions, disposals and restructurings.
• Asset sales and novations, restructurings and work-outs, repossessions, receivables financing and risk transfer programmes, manufacturer support programmes; residual and asset value guarantees.
• Remarketing and asset management, project linked financing (such as Private Finance Initiative/Public-Private Partnerships ("PFI/PPP") transactions.
• Long-term construction financing, warehouse facilities, Islamic financing, tax leasing, structured finance products, including establishing debt and equity funding platforms and joint venture programmes.

Beyond pure legal advice

As well as delivering outstanding technical legal advice we will offer you our market insights, judgement and advice in a commercial context, providing invaluable guidance in your decision-making, planning and management of risk.