Conyers provided British Virgin Islands legal advice to Tarpon Water Solutions Ltd, the parent of Seven Seas Water, and a group of its subsidiaries in connection with a US$205 million secured financing with Deutsche Bank AG and Investec Bank plc, as lenders. The facility is intended to be used to refinance a previous US$163 million credit facility obtained by Seven Seas in June 2020.
Seven Seas Water is a leader in water as a service solutions. Seven Seas Water operates desalination and other water treatment facilities in the Caribbean, Peru and the US.
Partner Audrey Robertson of Conyers’ BVI office advised on the matter, working alongside White & Case LLP NYC.