Mr. Frampton’s emphasis is asset-based structured financings and related capital markets transactions, primarily in the equipment, real estate and facility areas.

He has represented lessee/borrowers, institutional equity investors, institutional lenders and underwriters in the negotiation and documentation of a wide variety of domestic and international financings with U.S., European and Asian creditors and investors.  These financings have involved aircraft, rolling stock and related assets, nuclear-powered and coal- and gas-fired electrical generating facilities, oil refineries and petroleum production facilities, corporate office headquarters, warehouse and distribution facilities, reservoir facilities, computer mainframe equipment, and car assembly plants and facilities.

Mr. Frampton has also handled a variety of general corporate matters, including private placements, 144A offerings, letters of credit, portfolio acquisitions and corporate and partnership organizations, reorganizations and asset acquisitions.

Among the recent transactions in which Mr. Frampton has participated are the following:

• a series of cross-border leases involving approximately US $3 billion of utility related assets for TIWAG-Tiroler Wasserkraft AG, an Austrian regional utility, in which he represented such utility as lessee counsel;
• a series of capital markets transactions involving the sale of derivative debt instruments backed by a variety of  lease related debt obligations, in which he is representing the underwriters of the derivative debt instruments;
• cross-border leases of rolling stock and related assets located in Hong Kong, in which he represented the relevant rail operator as lessee counsel;
• a series of cross-border and domestic U.S. “double dip” lease financings of rolling stock and related assets for Tri-Metropolitan County District of Oregon, in which he represented the relevant rail operator as lessee counsel;
• a series of cross-border leases involving approximately US $6 billion of utility related assets for VERBUND Austrian-Hydro Power AG, an Austrian utility, and its parent company, Österreichische Elektrizitatswirtschafts AG, in which he represented such utility and parent as lessee and guarantor’s counsel;
• a corporate restructuring involving Essent Energie Productie B.V. (formerly N.V. Elektriciteits-Produktiemaatschappij Zuid-Nederland EPZ) and its parent company, Essent N.V.;
• cross-border lease involving approximately US $700 million of utility related assets for Electrabel N.A., a Belgian utility, in which he represented such utility as lessee counsel;
• a series of cross-border leases involving approximately US $2 billion of utility related assets for Essent Energie Productie B.V. (formerly N.V. Elektriciteits-Produktiemaatschappij Zuid-Nederland EPZ), a Dutch utility (which also included a German “double-dip” transaction), in which he represented such utility as lessee counsel;
• the initial debt placements and subsequent Rule 144A offerings relating to the Bell Atlantic Tower financing and the financing of certain of Nestlé USA’s warehouse and distribution facilities, in which he represented the underwriters of the related debt;
• the sale and leaseback of a number of Boeing 737 aircraft to Southwest Airlines Co., in which he represented the equity investor, and of other Boeing aircraft in a number of “FSC” financings, in which he represented various European and Asian lenders;
• the construction and subsequent lease financing of certain of Texaco’s oil refinery facilities in southern California, in which he represented the equity investor, and of certain MTBE production facilities in northern California, in which he represented an independent oil producer as lessee; and
• the lease financing of certain of Ford Motor Company’s automotive production and assembly facilities in the U.S., in which he represented various Ford entities as lessees.