概览

本所拥有世界领先的资产融资业务，以丰富经验服务于全球客户，涵盖各个行业、资产类别及产品线。我们的资产融资团队为领先的银行与金融机构提供法律服务，融资范围涵盖船舶、飞机、卫星、铁道机车、近海石油与天然气钻塔、机场、铁路与码头基础设施、发电与电力传输、采矿与建筑设备、电信以及生产与加工设备。我们也为项目发起人、航空公司、航运公司以及航空、航海、铁路、汽车产业的管理者、运营商和其他参与者提供法律意见，在上述行业资产与设备的收购、使用、运营及出售方面经验丰富。

“在航空与船舶融资领域拥有顶级声誉” ——《亚洲法律500强》（2012年）

我们的资产融资团队在整个产品线均具有丰富的经验，包括一般型、债务、出口信用证担保债务、资产负债表外融资、有限追索融资、境内及跨境杠杆租赁与经营租赁。我们还经常就经营租赁与售后回租交易中以残值产品担保资产残值向客户提供法律意见。

Experience

Aviation

Aircraft investment fund. We advised the equity investor, debt agent and lender (both for senior and subordinated debt) in the establishment of an aircraft investment fund that provides equity for a $1.2 billion aircraft warehouse facility. The fund is structured to provide short- to medium-term equity investments in a range of aircraft, leased to US and other international lessees. We also represent the agent in the individual financing of aircraft into the syndicated warehouse facility in which this aircraft fund is an equity participant.
Bankruptcy. We represented one of the largest aircraft lessors, Philip Morris Capital Corporation (PMCC), in the three major Chapter 11 airline bankruptcies (United, Delta and Northwest) as lead restructuring counsel. As part of the representation, we have packaged and sold PMCC’s interests in 19 aircraft to a hedge fund and recovered an unprecedented amount in the context of a bankruptcy. We also have assisted clients in relation to the judicial repossession of aircraft leased to bankrupt carriers in a number of jurisdictions.
Business aviation. We have one of the world's most active legal practices in business aviation and have advised manufacturers, lenders and purchasers of new and secondhand corporate jet aircraft on all aspects of this industry, from the sale and purchase of aircraft to their financing and operation, whether on a private use or charter basis. We have handled transactions involving business aircraft owned or operated in virtually all jurisdictions. We have advised on the provision of large business aircraft to the heads of state and governments of some of the most significant European jurisdictions.
Operating leases. We have advised airlines and lessors on the operating leasing of aircraft and aircraft engines in a great variety of emerging jurisdictions, including Russia, Georgia, Western and Eastern Africa and South America.
Sale & leaseback. We acted for one of the largest airlines in Hong Kong on the sale and leaseback financing of a fleet of seven Boeing 777-300ER aircraft. One aircraft was placed into a German KG (private investor) cross-border structure with a total value in excess of $150 million. Six aircraft were placed into a sale and leaseback structure with a total value of nearly $900 million.
Start-up of scheduled airline. We represented the equity investors in the start-up of the French business-only airline “L'Avion” and advised on all aspects of the airline's structure and operations, including its corporate structure, its initial equity funding, the operating lease and retrofitting of two Boeing 757-200 aircraft and the issuance of all required regulatory approvals by French and other European civil aviation authorities.
Warehouse facility. We represented Jackson Square Aviation (JSA), as servicer, in a $220 million aircraft warehousing facility from Norddeutche Landesbank Girozentrale for Cayman Warehouse Holdings II, Ltd., as borrower, JSA International Cayman Holdings Ltd., as borrower parent, and JSA International Holdings L.P., as guarantor.

Rail

Bangkok Sky Train. We advised a consortium of banks providing finance in respect of Bangkok's elevated light rail system—the Bangkok "Sky Train" Project.
Paris tramway system − RATP. We advised one of the bidding banks in connection with the tax lease financing of over 100 tramway sets for RATP, the operator of rail transport services in the Paris area.
Railcar investment fund. We represented the equity investor, underwriter, debt placement agent and lender, in the establishment of a new $245 million railcar investment fund that provides equity for a $1.19 billion railcar warehouse facility (TRIP Rail Leasing LLC) that finances US, Mexican and Canadian leased railcars. The fund includes both US and non-US investors, and is structured to allow equity investors to benefit from depreciation of the railcars and income from rents and periodic sales of railcars.
UK rail procurement. We advised Virgin Rail Group Limited in its pioneering approach to the largest UK rail procurement of the 20th Century—the renewal of rolling stock for the West Coast and CrossCountry passenger rail franchises. Mayer Brown's Train Service Agreement paved the way by providing the legal and contractual framework for the introduction of high speeds (140 mph) and advanced technology (tilting trains) to the UK's railways.
US railcar finance. We represented the agent in the extension of an existing $475 million revolving credit facility for Trinity Industries, Inc., one of North America's largest manufacturers of transportation products. Trinity Industries’ leasing subsidiary utilized the facility to finance the initial purchase of railcars from the company's manufacturing business, and then leased the railcars to a variety of end users.

Shipping

Asia container vessels. We advised ICBC Financial Leasing in its first cross-border vessel leasing transaction in respect of a 13,100 teu container vessel under construction by Hyundai Heavy Industries Co. Ltd. which, on delivery, will be subject to long-term time charter to COSCO Container Lines. Named Asset Finance Deal of the Year 2011 by Asia Legal Business.
Brazil offshore drill ships. We acted for the borrowers and sponsor, Odebrecht S.A., on the $1.4 billion limited recourse financing of two deep sea drilling vessels, Norbe VIII and Norbe IX, for operation off the coast of Brazil. The project won Project Finance International’s Americas Deal of the Year 2009 designation.
French army vessels. We are advising one of the bidders on one of the largest defense PPP (public-private partnership) procurements in Europe involving the provision of roll-on/roll-off vessels (RoRos) for the French army.
LNG Transport − Mitsui O.S.K. Lines. We acted for Mitsui O.S.K. Lines in a multiship contract with ExxonMobil for transportation of LNG from Papua New Guinea and Gordon Field in Australia. The project cost was around $230 million per vessel and the vessels will carry cargos for delivery to SinoPec and PetroChina. These would be the first LNG ships built by Mitsui O.S.K. Lines and by ExxonMobil in China.

Energy

German power plant. We represented a major US industrial company and its German subsidiary in the synthetic lease of an electricity and steam cogeneration plant, to be constructed by the German subsidiary on behalf of, and leased from, the US branch of a Japanese bank, in a deal worth approximately €315 million (which also involved a guarantee by the company’s Swiss subsidiary and a number of other international banks).
US wind turbines. We represented MetLife in the acquisition and leveraged leaseback of approximately $300 million of wind turbines located in California. The transaction is structured so as to qualify for a section 1603 cash grant as well as bonus depreciation for property placed in service in 2010.
Latin America oil platform. We represented Petrobrás in connection with a sale/leaseback financing of an oil production platform.

Equipment

Container leasing. We represented CDB Leasing in the lease financing of four bulk carriers for charter to a German shipping company.
Container sale and leaseback. We advised Fortis Bank on the sale and leaseback financing of nearly 15,000 shipping containers, delivered in five tranches pursuant to a master equipment leasing facility. The lessor was the Singapore branch of a Belgian entity, the lessee was a Korean shipping line, and the container boxes were manufactured in five different locations.
Equipment finance start-up. We represented the senior lender on a warehouse loan to a start-up equipment finance company.
Manufacturing facilities. We advised an Australian insurance company on the provision of residual value insurance in connection with the sale and leaseback of manufacturing facilities operated by a large European company in five jurisdictions.
Program leasing. We represented a major international financial institution in connection with a program leasing arrangement in which our client arranges leveraged leases for a range of tangible assets and may provide residual value support and letters of credit as credit support.
Satellite financing. We acted for Asia Satellite Telecommunications Company Limited (AsiaSat), Asia's first privately owned regional satellite operator, on all the financings of their satellites including AsiaSat 1 (1990), AsiaSat 2 (1995), AsiaSat 3 (1997), AsiaSat 3S (1999), AsiaSat 4(2003) and AsiaSat 5 (2009). AsiaSat 3 was the first satellite financing transaction on a project basis, which was secured on three satellites without any parent company guarantees.

执业经验

航空

飞机投资基金。向股权投资者、债务代理与贷款行（优先与次级债券）就建立一支用以为价值12亿美元的飞机暂持融通提供股本的飞机投资基金提供法律意见。该基金将向一系列出租于美国和其他国际承租人的飞机提供短期到中期股权投资。我们还向债务代理就向由该飞机基金参股的银团暂持融通提供个人融资提供法律意见。
破产。担任牵头重组顾问，向最大的飞机出租人之一Philip Morris Capital Corporation（PMCC）就三宗大型Chapter 11破产案（美联航、达美航空和西北航空）提供法律意见。其中，我们将PMCC对19架飞机的权益打包出售予一家对冲基金，收回大笔资金，数额之高在破产案例中前所未有。我们还向客户就司法协助重新占有出租予破产航空公司的飞机提供法律意见，这些业务涉及若干个司法辖区。
商务航空。我们拥有世界上最活跃的商务航空法律业务之一，经常向全新或二手商务喷气机制造商、贷款行和购买者提供法律服务，从飞机买卖到融资与运营，从私人使用到租赁，涵盖商务飞机行业的方方面面。我们受理的交易涉及在几乎所有辖区拥有或运营的商务飞机。我们还就为欧洲主要辖区的国家与政府首脑提供大型商务飞机提供法律意见。
经营租赁。向航空公司和出租人就飞机和飞机引擎的经营租赁提供法律意见，涉及多个新兴市场，包括俄罗斯、格鲁吉亚、西非、东非与南美。
售后回租。向香港最大的航空公司之一就7架波音777-300ER组成的机群的售后回租融资提供法律意见。其中1架飞机采用德国KG（私人投资者）跨境结构，总价值逾1.5亿美元。另外6架飞机采用售后回租结构，总价值近9亿美元。
创立定期航班。向股权投资者就法国商务专用航空公司L'Avion的创立提供法律意见。我们就该航空公司结构和运营的各个方面提供法律意见，包括公司结构、初期股权融资、2架波音757-200飞机的经营租赁和改装以及法国和其他欧洲民航主管机构要求的所有必需监管批准。
暂持融通。向Jackson Square Aviation（JSA）就其作为服务商从北德意志州银行（Norddeutche Landesbank Girozentrale）获得价值2.2亿美元的飞机暂持融通提供法律意见。Cayman Warehouse Holdings II, Ltd.为借款人，JSA International Cayman Holdings Ltd.是借款人母公司，JSA International Holdings L.P.是担保人。

铁路

曼谷天铁。向银团就为曼谷的高架轻轨系统（即“天铁”）提供融资提供法律意见。
巴黎大众运输公司 – 巴黎电车系统。向竞标银行之一就巴黎大众运输公司100多套电车组的税务租赁融资提供法律意见。巴黎大众运输公司是巴黎地区轨道运输服务运营商。
轨道车投资基金。向股权投资者、承销商、债券配售代理商及贷款方就成立价值2.45亿美元的轨道车投资基金提供法律意见。该基金将提供价值11.9亿美元的轨道车暂持融通（TRIP Rail Leasing LLC），为美国、墨西哥、加拿大的租赁轨道车提供融资。基金包含美国及非美国投资者，其结构使得股权投资者能够从轨道车折旧、出租收入及定期销售中获益。
英国铁路采购。向Virgin Rail Group Limited就其在西海岸与横贯全国的客运铁路专营列车更新中采取的开拓性采购方法提供法律意见。这是二十世纪英国最大型的铁路采购交易。本行起草的火车服务协议奠定了法律与合约框架，为英国铁路引入高速（140英里/时）和先进技术（摆式列车）铺平了道路。
美国轨道车融资。向代理商就一笔价值4.75亿美元的循环信用贷款的展期提供法律意见。贷款提供给北美最大的运输产品制造商之一Trinity Industries, Inc.。Trinity Industries的租赁子公司将贷款用于从该公司的制造部门首期购买轨道车，随后将所购轨道车出租于多家终端使用者。

船务

亚洲集装箱货轮。向工银金融租赁就其首次跨境船舶租赁交易提供法律意见。交易涉及1艘由韩国现代重工集团建造中、装载量达13,100标准箱的货轮，交付后将长期出租于中远集装箱运输有限公司。《亚洲法律杂志》（ALB）将其评为2011年度最佳资产融资交易。
巴西近海钻井船。向借款方兼赞助商Odebrecht S.A.就发起两艘深海钻井船的有限追索融资提供法律意见。融资金额14亿美元，两艘船分别名为Norbe VII、Norbe IX。该交易荣获《国际项目融资杂志》（PFI）的2009年美洲最佳交易大奖。
法国军舰。向竞标公司之一就欧洲最大的国防公私合伙采购之一提供法律意见。采购旨在为法国军队提供滚装船（RoRos）。
液化天然气运输 – 日本商船三井株式会社。向商船三井株式会社就其与埃克森美孚的多船合同提供法律意见。船舶用以从巴布亚新几内亚和澳大利亚Gordon Field运输液化天然气并交付予中石化和中石油。项目成本约为每艘船2.3亿美元，是商船三井株式会社与埃克森美孚在中国建造的第一批液化天然气船。

能源

德国电厂。向一家主要的美国工业公司及其德国分公司就一家电力与蒸汽热电厂的合成租赁提供法律意见。电厂将由德国分公司代表一家日本银行的美国分行建造并租赁，项目价值约3.15亿欧元（由美国工业公司的瑞士分公司和若干国际银行提供担保）。
美国风力涡轮机。向大都会人寿（Metlife）就收购并杠杆回租位于加州、价值约3亿美元的风力涡轮机提供法律意见。该交易的结构符合《美国复苏与再投资法案》（ARRA）第1603条的要求，有资格获得现金抵免，2010年投入运行的资产还能够获得奖励式折旧。
拉丁美洲石油平台。向巴西石油公司（Petrobrás）就一处石油生产平台的售后回租融资提供法律意见。

设备

集装箱货轮租赁。向国开租赁就出租于一家德国船务公司的4艘散装货轮的租赁融资提供法律意见。
集装箱售后回租。向富通银行（FORTIS BANK）就近15,000个海运集装箱的售后回租融资提供法律意见。根据设备租赁主协议，上述集装箱将分五批次交付。出租人是一家比利时公司的新加坡分公司，承租人是韩国航运公司，集装箱在五个不同的地方生产。
创立之初的设备融资公司。向高级贷款人就一家创立之初的设备融资公司的仓储贷款提供法律意见。
生产设备。向一家澳大利亚保险公司就为一家大型欧洲公司在五个司法辖区运营的生产设备售后回租提供残值保险提供法律意见。
项目租赁。向一家主要的国际金融机构就一项项目租赁安排提供法律意见。本行客户为一系列有形资产安排杠杆租赁，并可能会提供残值支持及信用证支持。
卫星融资。向亚洲首家私有地区性卫星运营商亚洲卫星控股有限公司就其所有卫星的融资提供法律意见，包括亚洲一号卫星（1990年）、亚洲二号卫星（1995年）、亚洲三号卫星（1997年）、亚洲3S卫星（1999年）、亚洲四号卫星（2003年）和亚洲五号卫星（2009年）。其中，亚洲三号卫星是首个建立在项目基础上的融资交易，以3颗卫星抵押，无任何母公司担保。

表彰

Chambers Greater China Region 2024

Ranked Band 1 for Aviation: Finance (International Firms) – China

Legal 500 Asia Pacific 2024

Ranked Tier 2 for Asset Finance (Aviation Finance) – Hong Kong

Ranked Tier 1 for Asset Finance (Shipping Finance) – Hong Kong

Legal 500 Asia Pacific 2023

Ranked Tier 2 for Asset Finance (Aviation Finance) – Hong Kong

Ranked Tier 1 for Asset Finance (Shipping Finance) – Hong Kong

Chambers Asia Pacific 2023

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

Ranked Band 3 for Shipping: Finance – Asia-Pacific Region

Chambers Greater China Region 2023

Ranked Band 1 for Aviation: Finance (International Firms) – China

Legal 500 Asia Pacific 2022

Ranked Tier 2 for Asset Finance (Aviation Finance) – Hong Kong

Ranked Tier 1 for Asset Finance (Shipping Finance) – Hong Kong

"Very professional and dedicated team. Available days and nights whatever the time zone to deliver a transaction. Very detailed and comprehensive quotation. They know to stick to the initial cap. Documentation is above the standards."

"Mayer Brown’s aviation leasing team is exceptional. They bring a deep knowledge of both the legal and business perspectives and have a wealth of experience. We could not have successfully completed our transactions without them."

Chambers Asia Pacific 2022

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

“[T]echnical expertise, service level and responsiveness.”

"They have a very deep knowledge of the sector,"

"They are very well informed about the market"

"[H]ighly responsive and reactive."

Ranked Band 3 for Shipping: Finance – Asia-Pacific Region

"[K]nowing the market well and understanding what we, as the client, need,"

"The team proactively gives advice and always works with us to find solutions."

"[D]iligent and problem solving oriented."

Chambers Greater China Region 2022

Ranked Band 1 for Aviation: Finance (International Firms) – China

"Their performance is absolutely outstanding,"

"They have a very deep knowledge of the sector,"

"[V]ery well informed about the market."

"[C]onsistently excellent quality of advice and documentation, with deep-rooted industry knowledge and comprehension of aviation trends."

Ranked Band 2 for Shipping: Finance (International Firms) – China

"[K]nowing the market well and understanding what we, as the client, need,"

"The team proactively gives advice and always works with us to find solutions."

"[D]iligent and problem solving oriented."

Legal 500 Asia Pacific 2021

Ranked Tier 1 for Asset Finance (Aviation Finance) – Hong Kong

Ranked Tier 1 for Asset Finance (Shipping Finance) – Hong Kong

"Very experienced and professional in shipping finance."

"Mayer Brown’s Hong Kong aviation practice has developed a deep knowledge of the business jet realm and various financing structures."

"The lawyers we have worked with at Mayer Brown’s Hong Kong office stand out compared to other firms on several features, including: (i) excellent knowledge of the business jet realm and key stakeholders underpinned by a longstanding industry experience, (ii) drafting quality and (iii) speed and reliability of execution."

Chambers Asia Pacific 2021

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

Ranked Band 1 for Aviation Finance (International Firms) – China

"They are able to easily understand what is at stake and stand out in terms of the quality of their drafting."

"They are experienced, efficient and a safe pair of hands."

Ranked Band 3 for Shipping: Finance – Asia-Pacific Region

Ranked Band 2 for Shipping Finance (International Firms) – China

"The firm is able to strike a fine and optimal balance between commercial and legal perspectives"

"conducive to highly effective and efficient commercial negotiations."

"very straightforward and client-oriented solutions"

"incredibly professional and very helpful."

Chambers Asia Pacific 2020

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

“They stand out for their excellent knowledge of the aviation space and of key stakeholders, underpinned by long-standing industry experience, drafting quality and speed and reliability of execution."

Ranked Band 1 for Aviation Finance (International Firms) – China

"Everyone in the firm is very knowledgeable, well experienced, approachable and dependable." and "Their ability to identify and close off issues of risk adds value in itself and saves us in the long term and in negotiations."

Ranked Band 3 for Shipping: Finance – Asia-Pacific Region

"They're very efficient and have the ability to achieve optimal solutions considering both commercial and legal standpoints." and "They are a good player in the market, and the partners are very hands-on."

Ranked Band 2 for Shipping Finance (International Firms) – China

"The vessel acquisitions were handled with great ease and the in-depth experience of the partner was evident."

Chambers Asia Pacific 2019

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

"They're absolutely responsive, proactive, pragmatic and commercial, and they provide the full service. You need the expert advice but you also need the support for them to go off and deliver on time. They all go the extra mile and they're absolute subject experts in what they do."

"They have strong commercial sense, providing both legal and commercial guidance"

"proactive and responsive," and “They can anticipate all parties' needs and constraints and are well aware of our expectations and policies."

Ranked Band 3 for Shipping: Finance – Asia-Pacific Region

"They are excellent with leasing, solution-oriented, able to communicate effectively and great at managing their Chinese counterpart."

"their understanding of the shipping and ship finance business and understanding the needs of banks."

Ranked Band 1 for Aviation Finance (International Firms) – China

Ranked Band 2 for Shipping Finance (International Firms) – China

Chambers Asia Pacific 2018

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region
Ranked Band 3 for Shipping: Finance – Asia-Pacific Region
Ranked Band 1 for Aviation Finance (International Firms) – China

Legal 500 Asia Pacific 2018

Ranked Tier 1 for Asset Finance (Aviation Finance) – Hong Kong
Ranked Tier 1 for Asset Finance (Shipping Finance) – Hong Kong

The 2018 edition of Legal 500 Asia Pacific recognized Mayer Brown in 33 categories, including Asset Finance (including Aviation & Shipping Finance), Hong Kong, for the fourth consecutive year.

Chambers Asia Pacific 2017

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region
Ranked Band 1 for Aviation Finance (International Firms) – China

US News/Best Lawyers “Best Law Firms” 2017 First-tier Ranking
National – Equipment Finance Law

Chambers Asia Pacific 2016
Ranked Band 1 for Aviation: Finance (International Firms) – China

"Very responsive and knowledgeable in this space, and very flexible and accommodating." (China)

"I like that they're commercial, their legal framework is very helpful and they're happy to share their knowledge." (China)

Ranked Band 1 for Shipping: Finance (International Firms) – China

"They are very efficient and the transactions are quick and smooth." (China)

"They are very good on client care - they always put in extra work to accommodate timelines and challenging ideas and structures." (China)

"The team takes commercial considerations into account to give us comprehensive advice." (China)

Ranked Band 2 for Aviation: Finance – Asia-Pacific Region

"Very experienced in aircraft finance."(Asia-Pacific Region)

"Our preferred counsel, especially for PRC aircraft financing." (Asia-Pacific Region)

Ranked Band 2 for Shipping: Finance – Asia-Pacific Region

"The firm is a go-to for shipping finance." (Asia-Pacific Region)

"They are experts in ship finance; they are commercial and proactive to find solutions for their clients." (Asia-Pacific Region)

Chambers Global 2016
"They are very good on client care - they always put in extra work to accommodate timelines and challenging ideas and structures."

Legal 500 Asia Pacific 2016

Ranked Tier 1 for Aviation finance – Hong Kong
Ranked Tier 1 for Shipping finance – Hong Kong

Mayer Brown has ‘one of the leading aviation finance teams in Hong Kong with depth of quality from partner to associate’. (Hong Kong)

Legal 500 2015

Ranked Tier 1 for Asset Finance: Aviation Finance – Hong Kong
Ranked Tier 1 for Asset Finance – Hong Kong
Ranked Tier 2 for Asset Finance: Shipping Finance – Hong Kong
Ranked Tier 2 for Aviation Finance – France

Chambers Asia-Pacific 2015

Ranked Band 1 Aviation: Finance (International Firms) – China
Ranked Band 1 Shipping Finance (International Firms) – China
Ranked Band 2 Aviation: Finance – Asia-Pacific Region
Ranked Band 2 for Shipping: Finance – Asia-Pacific Region

"It is a top-class firm. It has a dedicated team that is very knowledgeable on shipping finance and they understand what we need."

Asian-Mena Counsel 2015
Awarded In-House Community Firm of the Year for Aviation

China Law & Practice 2015
Awarded Shipping & Maritime Law Firm of the Year (International firms)

Seatrade Maritime Awards Asia 2015
Received Ship Finance Award

Chambers Global 2014
"They have a very strong global footprint."

Chambers Asia-Pacific 2014

Ranked Band 1 for Aviation: Finance (International Firms) – China
Ranked Band 1 for Shipping: Finance (International Firms) – China
Ranked Band 2 for Aviation: Finance – Asia-Pacific Region
Ranked Band 2 for Shipping: Finance – Asia-Pacific Region

“Mayer Brown is a major force in shipping finance matters throughout China and particularly in Hong Kong. Mayer Brown is especially notable for the representation of international ship owners and financiers with regard to matters involving LNG transportation vessels.”

Legal 500 2014