Financing of assets
Dahl-Sørensen & Partners has considerable expertise in dealing with industries that are most dependent on financing of large assets. Financing large assets requires long financial solutions, planning and negotiations with financial institutions.
Our experience covers financing of a wide variety of assets:
- ships and aircraft
- rolling stock and power stations
- production equipment, etc.
- telecommunication equipment
- properties
We have considerable expertise in dealing with industries that are most dependent on financing of large assets, especially ships, aircraft and telecommunication equipment.
We advise banks and other financial institutions, owners and users as regards all aspects of:
- financing new and used equipment, including international leasing and lending models
- sale and purchase of equipment combined with operating leases and other off-balance financing models
- finance leases and charter agreements
- financing optimization models
- syndication transactions
Dahl-Sørensen & Partners advise both banks and financial institutions as well as buyers and owners of large assets with regard to develop and choose the best financing structure in relation to a specific asset. We also undertake to investigate and analyze accessible alternative finance models, including Danish and international possibilities of borrowing, mezzanine capital, and operating and finance leases.
When financing investments in large production plants, processing plants, ships, rolling stock etc. it is most important that a long financial or lease solution for the asset in question is analyzed and planned while at the same time negotiations with the supplier regarding the purchase/building of the said asset. In this way it is ensured that the financial solutions match the lifespan of the assets and earnings and that the financial solution is in place and can be signed at the same time as the order is placed with the supplier. Only then will placing the order not expose the company to any unnecessary financial risk.
When investing in large non-current assets, it is often important to ensure the highest possible level of financing. Dahl-Sørensen & Partners will often be able to arrange the financing of a large asset by combining a senior loan, a junior loan and mezzanine capital so that our clients are ensured a level of financing, which is higher than if the clients went to their financial institutions themselves. Furthermore, Dahl-Sørensen & Partners will be able to get indications from several banks and financial institutions, allowing our clients to compare prices and terms before choosing the optimal finance solution.
When a client has chosen the best possible finance model, Dahl-Sørensen & Partners can assist in carrying through the financing, e.g. assistance with negotiating terms and conditions with both banks, finance companies, investors and lessors. We can also offer our assistance to the client and his legal adviser to draw up loan, lease and security documents in both national and international transactions.
Finally, Dahl-Sørensen & Partners can assist clients in closing the transaction, including draw-down of loans, purchase and delivery of the asset, registrations of the assets both in Denmark and elsewhere, if so required.
To ensure the optimal solutions for our clients, Dahl-Sørensen & Partners are in contact with a large number of national and international banks and financial companies, auditing firms and law firms in all major financial centers in the world, e.g. London, Frankfurt, New York, Singapore and, Hong Kong.