Norton Rose Fulbright advises CIC and BNP Paribas on the financing of the "Deep Discoverer" vessel for Technip UK Limited

Global Press release - Business February 8, 2019

Global law firm Norton Rose Fulbright has advised Crédit Industriel et Commercial (CIC) and BNP Paribas on the £70.5m financing of the newbuild diving support vessel m.v. “Deep Discoverer” for Technip UK Limited. The ship has been acquired by a subsidiary of CIC and the financing carried out in the form of a financial lease at the end of which the vessel was rented by Technip.

Norton Rose Fulbright Paris banking and finance team advised CIC, acting as arranger, as well as CIC and BNP, acting as lenders, on the set-up of this French lease financing.

The team in charge of advising CIC and BNP Paribas was led by Christine Ezcutari, head of banking and finance in Paris, assisted by of counsel Alexandre Roth and associates Alexis Babin de Lignac, Ayaka Millet and Constance Ollat.

For further information please contact:

Carole Guettier, Senior business development manager, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 75
carole.guettier@nortonrosefulbright.com

Charles Billiard, Communication Executive, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 96
charles.billiard@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices

Contacts

Global Co-Head of Transport
Partner
Senior Associate