Watson Farley & Williams (WFW) and DNB Bank have disclosed their involvement in the $900m restructuring of Dutch shipping group Vroon on Thursday.
The deal stands out not just for its sheer size but also for its particularity, according to a WFW statement on Monday.
The restructuring of Vroon’s $900m senior secured debt through a debt-for-equity swap was the first of its kind, the law firm said.
