Travers Smith LLP has advised shareholders Basalt Infrastructure Partners (Basalt) and Fiera Infrastructure (Fiera) on the refinancing of UK ferry operator Wightlink.
Wightlink connects the Isle of Wight with Portsmouth and Lymington on the south coast of England.
The debt is provided by Allied Irish Bank, Export Development Canada, Intesa Sanpaolo and SEB.
Travers Smith advised Basalt on its acquisition of Wightlink in 2015, and subsequent sale of 50% of Wightlink to Canadian fund Fiera in 2019.
The Travers Smith team was led by Finance Partner Ben Thompson, Senior Associate Kanwal Majeed, Associate Storme Paul-Christian and Trainee Sara Grey-Elsharif.