Contact details

Elton Chan

T: +852 2533 2726 M: +852 9350 9218 Email Elton | vCard Office: Hong Kong

Awards

Chambers Global & Greater China Region 2023 – Shipping Finance

Chambers Global & Greater China Region 2023 – Shipping Finance

Legal 500 Asia Pacific 2023  (Hong Kong) – Asset finance (including aviation and shipping finance)

Legal 500 Asia Pacific 2023 (Hong Kong) – Asset finance (including aviation and shipping finance)

Legal 500 Asia Pacific 2023  (Hong Kong) – Banking & Finance; (China) – Banking & Finance: foreign firms

Legal 500 Asia Pacific 2023 (Hong Kong) – Banking & Finance; (China) – Banking & Finance: foreign firms

Elton Chan Partner

Contact details

Elton Chan

Elton Chan
Partner

T: +852 2533 2726 M: +852 9350 9218 Email Elton | vCard Office: Hong Kong

An expert in shipping finance (debt, finance lease and operating lease), real estate (development and investment) and general structured finance (syndicated loans, margin lending, repo transactions, acquisition finance and other structured finance) who is responsive, practical and hands-on.
  • Profile
  • Services
  • Sectors

Elton has experience in acting for both lenders and borrowers on a wide range of corporate lending matters, including secured and unsecured syndicated lending, cross-border acquisition finance, securities-backed margin financing and repo transactions and real estate financing with complex investor structures.

In the shipping sector, Elton has acted for a variety of institutions covering a broad range of matters. These include acting for shipowners and financiers in negotiating and reviewing shipbuilding contracts and refund guarantees. He has also advised shipowners, commercial lenders, leasing companies and institutional investors on all aspects of ship finance transactions, including conventional debt financing, finance and operating leasing as well as distressed asset sale and investments.

Elton also regularly delivers training sessions to shipowners, corporations and a range of financial institutions covering a range of banking and finance matters. Elton is ranked as a rising star partner by IFLR1000 in Banking and Finance.

"Elton Chan is solution-oriented and displays a high degree of business flexibility."

The Legal 500 Asia Pacific 2023

  • Finance
  • Real estate finance
  • Ship and offshore finance
  • Shipping

Advised a Singapore-listed company in its US$120,000,000 secured structured club loan facility to a wholly-owned subsidiary of a Hong Kong-listed conglomerate.

Advised a Hong Kong-listed conglomerate on the its issuance of US$40 million guaranteed notes and convertible bonds which were arranged and subscribed by the investment banking arm of a major PRC commercial bank.

Advised an affiliate of a major Hong Kong privately-held conglomerate on its seller's credit and subsequent exit refinancing in relation to its HK$6,000 million sale of equity interests in the holding companies of certain PRC real properties.

More: Finance

Advised a Hong Kong listed real estate developer on the CAD 78 million secured term loan facility arranged by United Overseas Bank Limited in relation to the acquisition and development of a mixed residential and commercial real estate development project in Vancouver, Canada.

Advised a Hong Kong listed real estate developer on its HK$3,110 million term loan facility, arranged by a syndicate of commercial lenders for the purpose of refinancing and land premium and construction costs of the development of the property in Sha Tin, a district in Hong Kong.

Advising a leading Hong Kong bank and five other local and international banks on a HK$1,914 million secured term loan facility provided to a joint venture vehicle involving two major Hong Kong real estate developers to finance the development of a major Hong Kong residential project.

Advised a Chinese leasing company in the US$317.9 million syndicated refinancing involving five 11,000 TEU containerships acquired from a New York-listed shipping conglomerate as part of a sale and leaseback transaction. These vessels have since been delivered and sub-bareboat-chartered to a world leader in global container shipping. This transaction won the 2017 Marine Money Deal of the Year in the Export Credit Agency – East category. 

Advising a Chinese leasing company on its US$160 million sale and leaseback of three 2,255LM ropax vessels with one of the world's largest car carrier operators. 

Advised a Chinese leasing company in its US$473 million post-delivery finance leasing of eight 261,000 DWT very large ore carriers for Fortescue Metals Group, the largest direct funding arrangement provided by a major Chinese financier for an Australian mining conglomerate.

Advised a club of lenders on a US$190 million term loan facility to special purpose vehicles indirectly owned by a Chinese leasing company for the purpose of refinancing the borrowers' acquisition costs in setting up the sale and leaseback of two 16,000 TEU containerships.

Advised a Chinese leasing company in the US$317.9 million syndicated refinancing involving five 11,000 TEU containerships acquired from a New York-listed shipping conglomerate as part of a sale and leaseback transaction. These vessels have since been delivered and sub-bareboat-chartered to a world leader in global container shipping. This transaction won the 2017 Marine Money Deal of the Year in the Export Credit Agency – East category.

Advising a Chinese leasing company on its US$160 million sale and leaseback of three 2,255LM ropax vessels with one of the world's largest car carrier operators.

Advised a Chinese leasing company in its US$473 million post-delivery finance leasing of eight 261,000 DWT very large ore carriers for Fortescue Metals Group, the largest direct funding arrangement provided by a major Chinese financier for an Australian mining conglomerate.

Advised a club of lenders on a US$190 million term loan facility to special purpose vehicles indirectly owned by a Chinese leasing company for the purpose of refinancing the borrowers' acquisition costs in setting up the sale and leaseback of two 16,000 TEU containerships.

More: Shipping
  • Banks and banking
  • Real estate

Advised a Singapore-listed company in its US$120,000,000 secured structured club loan facility to a wholly-owned subsidiary of a Hong Kong-listed conglomerate.

Advised a Hong Kong-listed conglomerate on the its issuance of US$40 million guaranteed notes and convertible bonds which were arranged and subscribed by the investment banking arm of a major PRC commercial bank.

Advised an affiliate of a major Hong Kong privately-held conglomerate on its seller's credit and subsequent exit refinancing in relation to its HK$6,000 million sale of equity interests in the holding companies of certain PRC real properties.

More: Banks and Banking

Advised a Hong Kong listed real estate developer on the CAD 78 million secured term loan facility arranged by United Overseas Bank Limited in relation to the acquisition and development of a mixed residential and commercial real estate development project in Vancouver, Canada.

Advised a Hong Kong listed real estate developer on its HK$3,110 million term loan facility, arranged by a syndicate of commercial lenders for the purpose of refinancing and land premium and construction costs of the development of the property in Sha Tin, a district in Hong Kong.

Advising a leading Hong Kong bank and five other local and international banks on a HK$1,914 million secured term loan facility provided to a joint venture vehicle involving two major Hong Kong real estate developers to finance the development of a major Hong Kong residential project.

Awards

Chambers Global & Greater China Region 2023 – Shipping Finance

Chambers Global & Greater China Region 2023 – Shipping Finance

Legal 500 Asia Pacific 2023  (Hong Kong) – Asset finance (including aviation and shipping finance)

Legal 500 Asia Pacific 2023 (Hong Kong) – Asset finance (including aviation and shipping finance)

Legal 500 Asia Pacific 2023  (Hong Kong) – Banking & Finance; (China) – Banking & Finance: foreign firms

Legal 500 Asia Pacific 2023 (Hong Kong) – Banking & Finance; (China) – Banking & Finance: foreign firms

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