Expertise

Asset Financing

overview

Shin & Kim provides advisory services for asset financings for a wide range of assets, including real estate financings and aircraft and ship financings. We advise on the full range of real estate transactions, including real estate acquisitions, leases, development, construction, taxes and financing. In addition, we are experienced in financings for building and purchasing aircraft and ships, tax-advantaged lease transactions and financings for the purchase and sale of used aircraft and ships, developing the optimal deal structure and strategy to meet our clients’ needs.

We serve a diverse group of clients, including domestic and foreign financial institutions, financial and strategic investors, sponsors, funds and government agencies, providing comprehensive legal review and advisory services to clients. Our services include advising on the most optimal structures and establishing financing strategies at all stages of the financing to acquire the asset, including construction and manufacture in the case of aircraft and ships. We also draft, review and negotiate agreements, plans and all other transaction documents, and closely consult with government authorities for relevant permits, licenses, approval and registrations.

Key Services

Our services regarding real estate, ship and aircraft financing include.

  • Advising on deal structures for the financing acquisition of real estate, ships, aircraft and other assets
  • Assessing financing structures and transactions for issues under applicable laws 
  • Drafting and negotiating financing and other transaction documents 
  • Advising on financing options including loans, leases and securitizations;
  • Advising on related agreements and commercial arrangements for lease, rental, charter, etc. 
  • Advising on establishing special purpose companies (SPCs) and other investment vehicles, including investment trusts, as well as liaising with foreign firms to establish offshore SPCs or investment vehicles 
  • Assisting with the delivery of ships, aircraft and other assets
  • Assisting with registration of ships, aircrafts and other assets
  • Advising on any related foreign exchange transactions
Experience
Real Estate Financing
  • Local housing association PF in Beommul-dong Suseong-gu, Daegu;
  • Samsong District PF in Goyang
  • Knowledge Industry Center PF in the Misa District in Hanam
  • Lotte Dongtan Complex Development PF
  • New Stay Development Project in Dohwa-dong, Nam-gu, Incheon
  • New Stay Development Project in Wirye New Town in Seongnam, Gyeonggi-do
  • Senior loan investment in the Brooklynn Bridge Mariott Hotel in Manhattan, New York
  • Investment in senior and mezzanine loan receivables financing an office building located in Los Angeles
Ship Financing
  • Teekay’s financing of two CBM LNG carriers
  • Euronav NV’s financing of 4 Suezmax tankers
  • BW Gas’s financing for one 170,000 m3 FSRU
  • Hyundai Merchant Marine Co., Ltd.’s financing for 5 VLCC tankers
  • Thenamaris’s financing for 12 Aframax, LPG, Suezmax and VLCC tankers
  • Oman Shipping Company’s financing for 10 tankers
  • Scorpio Tankers Inc.’s financing for 8 tankers
  • Onshore LNG Tanker Terminal located in Bahrain
  • KMARIN No.16 Ship Investment Company’s financing for ships
  • G Poseidon Car Carrier and Songa Offshore’ financing for ships
  • Scorpio Tanker’s financing for ships
  • KMARIN No.17 Ship Investment Company’s financing for ships
  • Tongyeong Tug Co., Ltd.’s financing for ships
  • Rickmers Group's financing for 9,300 TEU containers
  • Guyane's financing for 2,100 TEU containers
  • Bank of Communications Financial Leasing Co., Ltd.'s financing of containers
Aircraft Financing
  • Aviation financing transaction for the sale of Boeing 747s and aircraft lease to low cost airlines
  • Aviation refinancing transaction for the purchase of Boeing 747s and refinancing at expiration
  • Aviation financing transaction for the purchase of aircraft including Boeing 747s, in relation to financing in USD guaranteed by the US Exim Bank;
  • Aviation refinancing transaction in relation to financing and refinancing in USD through international lease agreements (financial leases and operational leases) on aircraft including Boeing 767s;
  • Aviation refinancing transaction in relation to financing and refinancing in USD through domestic lease agreements on aircraft including Boeing 747s;
  • Aviation refinancing transaction in relation to financing and refinancing in USD through international lease agreements on aircraft including Airbus A321s
  • Domestic investors, in the aviation financing transaction to finance their purchase of an Airbus A330-300.
Awards and Rankings
Award's signature
  • Ranked Band 1 Law Firm for Banking and Finance
    Chambers Global / Chambers Asia 2014-2024
  • Ranked Tier 1 Law Firm for Banking and Finance
    IFLR1000 2022-203
  • Ranked Tier 1 Law Firm for Banking and Finance
    Asia Pacific Legal500 2013-2019
  • Banking and Financial Services Firm of the Year
    Asialaw Asia-Pacific Legal Practice Awards 2019
  • Firm of the Year 2014: Banking and Finance
    Asian-Mena Counsel