Sindhura Swaminathan | White & Case LLP International Law Firm, Global Law Practice

Sindhura Swaminathan

Associate, Paris

T +33 1 55 04 15 33

E sswaminathan@whitecase.com

Overview

Sindhura is an associate in the Energy, Infrastructure, Project and Asset Finance group of the Paris office since August 2011, specialising in project and asset finance.

Sindhura joined the Firm in February 2008 and qualified as an Associate in March 2010 in the London office. In 2009–2010, she spent six months on secondment in the Firm's New York office, in the bank finance, restructuring and insolvency practice.

Sindhura also spent a year on secondment at IFC in Johannesburg where she notably worked on major financing transactions and investments across Sub-Saharan Africa and Francophone Africa.

In the White & Case group's asset finance practice, Sindhura acts for commercial banks and equity participants regarding financings involving aircraft, railway, shipping and other mobile assets. These financings are typically tax-enhanced structures and include European export credit agency support. Sindhura also has extensive asset leasing experience in which she has assisted in acquisitions and sale/leasebacks on behalf of owners and lessors.

She has particular experience in the field of asset finance but within the category of project finance, Sindhura's experience includes energy and infrastructure financings in which she acts on behalf of the borrowers, sponsors, lead arrangers, investors and commercial lenders.

Almost all of the transactions on which Sindhura has worked have been of a cross-border nature in jurisdictions throughout Europe, the Middle East, Africa, Asia and the Americas.

Bars and Courts

  • England and Wales

Education

  • LLB, University of Nottingham
  • LPC, Nottingham Law School

Languages

  • English
  • French
  • Hindi
  • Tamil

Experience

Project finance:

 

Representation of Orabank as lender in connection with a revolving credit facility for an oil & gas company in South East Niger.

Representation of DFIs and commercial banks in connection with the financing of a PV power plant project in Senegal.

Representation of Eranove as the operator in connection with a 1134 mw gas to power project in Ghana.

Representation of the lenders, including SMBC, BTMU and Siemens Bank, on the €150 million financing construction and operation of the Yozgat 475 bed Education and Research Hospital in the city of Yozgat in Turkey, public private partnership (PPP) project.

Representation of a French sponsor in connection with project financing of the construction of a new oil and gas platform to expand its existing operations in Cote d’Ivoire, including the implementation of MIGA coverage and a Partial Risk Guarantee from the World Bank and further advising the same sponsor in the acquisition and financing of its joint venture partner's interest in the project.

 

Asset finance:

 

Representation of Société Générale and BTMU for the delivery of the EUR and USD ECA backed-financing of the purchase by Royal Caribbean Cruises Limited of the world's biggest-ever luxury cruise ship called "Harmony of the Seas" with a capacity of 8,500 passengers and crew.

Representation of HSBC in the Coface-supported buyer credit financing of 295 locomotives to be manufactured by Alstom for export to Kazakhstan for the Kazakh national railway (transaction named 2012 Deal of the Year by Global Trade Review).

Representation of an Indian conglomerate in respect of the six (6) month charter of a business jet aircraft from Air Charter Service FZO.

Representation of COFACE, ECGD, Euler-Hermes and The Bank of Tokyo-Mitsubishi UFJ, Ltd. on the ECA-supported financing of four Airbus aircraft for Shenzhen Airlines Co., Ltd. in the People's Republic of China.

Representation of ECGD, Euler Hermes, BTMU, JPM, SCB, KfW and SMBC (in their various capacities) on various export supported financing arrangements of a number of aircraft for AirArabia PJSC including further subleasing arrangements.