BCL provides advisory services in relation to the financing of large capital assets, primarily in the shipping sector (containerships, tankers, dry bulk carriers and offshore vessels), but also passenger and freight rolling stock and general plant & machinery. We can give experienced commentary on the best structural approaches to be deployed in a given situation, including observations on the commercial, legal, accounting and all-in cost of financing options.
We are also able to offer an arranging service, wherein BCL will source the appropriate external finance from our wide network of senior and junior lenders and alternative funds. Having designed and negotiated the detailed terms of each tranche of transaction funding, BCL can manage the execution process up to financial close and funds flow.
Through our sister operation in the Isle of Man, Bailrigg Leasing Limited, we are also able act in a principal leasing capacity by delivering sale and leaseback funding on assets that fit our selective criteria. We deploy dedicated SPV Lease subsidiaries for each transaction. Our leases are generally for 3-5 years, and tend to be denominated in either USD, GBP or €. We are happy to engage with ship owners about how a sale and leaseback with Bailrigg could transform cashflow and returns to equity whilst leaving the economic interest in vessels intact.