Michelle Pindling-Sands, a Partner who heads up the Firm’s Maritime Practice Group, joined the Firm in 1986. Michelle’s practice focuses on ship finance, advising lenders and other financial institutions on complex structured financing transactions. She also provides expertise to ship-owning companies on all phases of ship sales and purchases. Michelle recently authored the Bahamas Chapter in “Getting the Deal Through” on Ship Finance in The Bahamas.
Michelle acted as lead Bahamian counsel for a US$550 million offering to refinance existing debt for a market leader in the luxury cruise industry. Simultaneously, she advised on financing the purchase of a new luxury ship, secured by all Bahamian assets, share pledges and ship mortgages. In these transactions, Michelle’s broad knowledge of Bahamian corporate structures in financing transactions, including the preparation of commercial security documents for the shipping sector, were invaluable to her international clients.
Michelle’s experience with structured finance aligns perfectly with other aspects of her cross-border commercial practice, which ranges from company incorporations, continuations or re-domiciliations, mergers and acquisitions, and liquidations.
Recent transactions include: