Holland & Knight's International Finance Team recently assisted Finnvera, the official export credit agency of Finland, in the international financing in which Royal Caribbean Cruises (RCL) acquired the Oasis of the Seas, delivered on October 28, 2009, from STX Finland.
According to Holland & Knight, Finnvera provided a 95 percent guarantee of the over US$1 billion post-delivery financing obtained by RCL from three international commercial banks, BNP Paribas, Nordea Bank and Skandinaviska Enskilda Banken (SEB), and Finnish Export Credit Ltd. In addition to counseling Finnvera, thefirm provided U.S. and New York legal advice to Finnish Export Credit.
Holland & Knight is a global law firm with more than 1,000 lawyers in 17 U.S. offices as well as Abu Dhabi, Beijing and Mexico City. Representative offices are located in Caracas and Tel Aviv. Holland & Knight provides representation in litigation, business, real estate and governmental law. Interdisciplinary practice groups and industry-based teams provide clients with access to attorneys throughout the firm, regardless of location.