Danaos Corporation restructuring

10/8/2018

Restructuring

Status:

Announced

Date:

10/8/2018

Overview:

Danaos Corporation has undertaken a restructuring.
RBS, HSH Nordbank, Piraeus Bank and Aegean Baltic Bank were the lending banks involved.
Danaos is a leading international owner of container ships which charters its 55 vessels to many of the world's largest liner companies.

Jurisdictions:

United States
Greece
United Kingdom

Deal type:

Restructuring

Practice area:

Restructuring and insolvency

Industry sector:

Shipping

Firm:

Sullivan & Cromwell

Party: Royal Bank of Scotland (RBS) (Lender)

Party: HSH Nordbank (Lender)

Party: Piraeus Bank (Lender)

Party: Aegean Baltic Bank (Lender)

Lawyers: Christopher Howard, Presley Warner

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