Eliana Torrado Franco
Associate
Eliana advises on UK and cross-border financing transactions including leverage financing, ship financing, asset-backed lending and corporate finance transactions. She has acted for institutional lenders, non-bank lenders, equity sponsors, insurance companies, maritime companies and lessors on unsecured and secured financings involving a wide range of assets across multiple jurisdictions, including Latin America, Europe, China, Australia and the U.S.
Key Matters
Eliana’s experience includes:
- Advising a US major bank in a trade working capital facility to a multilateral development bank available in local currency.
- Advising a private equity firm on the refinancing of a cross-border secured facilities agreement.
- Advising a stablecoin company on a secured loan to an asset management business backed by stock held in multiple jurisdictions.
- Advising Hiscox plc on an amendment to one of their existing securities lending facility.
- Advising a number of clients on taking or granting security located in the UK (England & Wales).
- Advising Bay-Houston Towing Co., as purchaser and borrower, on specialist maritime matters related to the vessel acquisition and financing of eight harbor towing vessels operating in Port Arthur (Texas, US) and Lake Charles (Louisiana, US) purchased from Seabulk Towing Services, Inc., a subsidiary of Seacor Holdings Inc.
- Advising Pareto Securities in a private placement of notes issued by a subsidiary of Edda Wind secured by a service operation vessel for an offshore wind farm located off the coast of Scotland on specialist maritime and UK law matters.
- Advising Citibank, N.A., as specialist maritime counsel, in relation to the restructuring of a vessel-secured facility provided to Transocean Inc.
- Advising Citibank, N.A., as specialist maritime counsel in relation to a secured revolving credit facility provided to Valaris Limited and two private placements of senior secured notes of Valaris Limited, involving a 41-vessel collateral.
- Advising aircraft lessors and lenders in the review and preparation of operating leases, aircraft sale and novation documentation and financing transactions.