Olivia Cullen

Senior Associate
Norton Rose Fulbright LLP

United Kingdom
T:+44 20 7444 2738
United Kingdom
T:+44 20 7444 2738
Olivia Cullen

Olivia Cullen


Related services and key industries


Olivia Cullen is a banking and finance lawyer based in London. She has spent time working in our Amsterdam and Athens offices, as well as spending six months on secondment to one of the UK's leading airlines.

Olivia has experience of advising on aviation financing and leasing arrangements, as well as the financing of offshore equipment (including FPSOs and drilling rigs), in a project finance, asset finance or corporate finance context.

She has completed financings of offshore equipment operating offshore Brazil and in the North Sea.

Professional experience

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  • Solicitor, qualified in England & Wales


  • Major international banks on a US$500.7m financing (project and corporate) for the construction of the world's biggest wind farm installation vessel in Korea, which was supported by Korean export credit agency K-Sure
  • A Dutch bank on a US$180m Atradius-backed financing to upgrade and modify an FPSO for operation in Atlanta Field, located in the Santos Basin offshore Brazil 
  • Major international banks on refinancing an existing project finance facility and revolving credit facility involving the restructuring of the security package over five FPSOs, involving security in five jurisdictions
  • International banks on financing two ultra-deepwater drilling rigs operating offshore Brazil
  • Maersk Drilling on the acquisition of a new-build jack-up rig from Hercules Offshore immediately prior to its Chapter 11 filing


  • A European airline on the negotiation and completion of lease novation arrangements for 14 Airbus aircraft within their fleet
  • An Irish leasing company on the purchase and leasing of 12 Airbus aircraft from a Spanish airline, while extending leases on another six Airbus aircraft
  • An Irish leasing company on the purchase and leasing of 10 Airbus aircraft from a German airline
  • An international bank on the prepayment of financing over six aircraft on lease to an Australian airline, and the release of the related security package
  • An international bank on refinancing a Sikorsky Helicopter in the Isle of Man
  • A global logistics company on unwinding 14 leases.
  • An Israeli leasing company on the joint venture purchase of an Airbus aircraft on lease to a Danish Airline from an Irish leasing company, including an onward sale and leaseback of the engines to the joint venture partner


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