Norton Rose Fulbright has advised China Merchants Bank Financial Leasing Co., Ltd on a US$540 million structured sale and leaseback financing involving the two LNG floating storage regasification vessels “GOLAR ESKIMO” and m.v. “GOLAR TUNDRA”.

The financing involved two subsidiaries of Golar LNG, a leading liquefied natural gas shipping company based in London and registered in Bermuda.

The financing documents were signed on 4 November 2015 and on 19 November 2015 respectively. Both transactions closed simultaneously on 25 November 2015.

The Singapore team was led by partner Gervais Green, supported by senior associate Gregory Xu and associate Cyril Chew.