Lim Chen Chen is a Partner in the Shipping & International Trade Practice of Rajah & Tann Singapore LLP.
Her practice focuses on non-contentious aspects of shipping, cross-border and offshore transactions and ship financing.
She is recognised as a Rising Star lawyer in Shipping, Maritime & Aviation by asialaw Profiles in 2014, 2016, 2018 and 2019.
EXPERIENCE
- Arranger and lenders in a club loan involving US$100 million financing to an Indonesian borrower to support its upstream oil extraction activities.
- DBS Bank Ltd, Credit Suisse, United Overseas Bank Limited, Hamburg Commercial Bank and Oversea-Chinese Banking Corporation Limited (collectively, the secured lenders) in relation to the restructuring of Pacific Radiance Ltd which involved the sale of 33 vessels registered in the ship registries of Singapore, Indonesia, Panama, Malaysia and Mexico.
- Lender in the financing of hydropower plant(s) in Indonesia.
- DBS Bank Ltd in:
- its refinancing of up to US$85.45 million term loan facility and US$22 million revolving credit facility to a Singapore company secured by security over 12 vessels flagged in Singapore, Indonesia and Panama; and
- its financing of four container vessels to a Singapore company in the aggregate amount of US$50 million.
- Oversea-Chinese Banking Corporation Limited in:
- its financing of approximately US$115 million to a borrower in respect of the acquisition of two Maltese companies and assisted with the security package containing two self-elevating jack up rigs; and
- its financing to a Singapore company in connection with the completion of the acquisition of 20% stake by the company in three petroleum concessions in Thailand.
- United Overseas Bank Limited in its refinancing of up to US$63 million term loan facility to a Singapore company secured by security over 12 vessels.
- Export-Import Bank of Malaysia Berhad in its US$55 million financing to a Labuan incorporated borrower involving a mobile offshore production unit.
- Borrowers in the sale and leaseback of vessel(s).
- Borrowers in syndicated credit facilities comprising up to US$180 million extended by Standard Chartered Bank and PT Bank Mandiri (Persero) Tbk.
- Arranging re-flagging of vessel(s) and registration of mortgage(s) in the ship registry of Malaysia, Panama, Indonesia, Cook Islands, Liberia, Malta, Tuvalu, Marshall Islands.
- Shipowners in the registration of vessels in the Singapore Ship Registry.
- Shipowners as buyers or sellers in the sale and purchase of vessels and coordinating the closing of the ship sale transactions.
