Apr 2023
Conyers acted for Norvic Shipping International Ltd., a Bermuda company, together with certain non-Bermuda subsidiaries as borrowers, in connection with its entry into a new US$42.5 million revolving credit facility with Valley National Bank, as agent.
Norvic Shipping is a provider of freight and logistical services to transport dry bulk commodities around the world, with subsidiaries and operations in the U.S., UAE, Singapore, India, Canada, China, Denmark and Brazil, among other jurisdictions.
Conyers Director Guy Cooper provided Bermuda law advice and worked on the matter alongside Seward & Kissel LLP.