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Richard Smith - Watson Farley & Williams

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src="https://www.wfw.com/wp-content/uploads/2023/04/Richard-Smith-2.jpg" alt="Richard Smith" class="people_left_img_desktop"> </div> <div id="people_left_stats"> <h1>Richard Smith</h1> <p class="people_left_stats_job">Partner <a href="/locations/?list=city&city=11#city_11">London</a></p> <p class="people_left_stats_phone"><span>T: <a href="tel:+44 20 7863 8970">+44 20 7863 8970</a></span> </p> <ul class="people_left_stats_ctas"> <li class="people_left_stats_ctas_email"><a href="mailto:richardsmith@wfw.com" onclick="gtag('event', 'click', { 'event_category': 'link','event_label': 'profile mailto - main profile - Richard Smith'});">Email</a></li> <li class="people_left_stats_ctas_linkedin"><a href="https://www.linkedin.com/in/richard-smith-a146b120/" target="_blank">Follow on LinkedIn</a></li> <li class="people_left_stats_ctas_vcard"><a href="/vcard.php?id=458">Download vcard</a></li> <li class="people_left_stats_ctas_pdf"><a data-href="/pdf-builder.php?id=458&type=cv" target="_blank" rel="nofollow" class="pdf_builder_link">Download PDF</a></li> </ul> </div> </div> <div id="people_right"> <div id="people_menu_mob"> <a id="people_menu_mob_toggle" href="#">More information</a> <div id="people_menu_mob_reveal"> <nav role="navigation" class="people_menu_blocks"> <ul class="people_menu_blocks_en people_menu_blocks_active"> <li class="people_menu_blocks_en_bio"><a href="#people_bio_en" class="active">Bio</a></li> <li><a href="#people_experience_en">Experience</a></li> <li><a href="#people_background_en">Background</a></li> <li><a href="#people_insights_en">Insights</a></li> </ul> </nav> </div> </div> <div id="people_right_en" class="people_right_holder people_right_active"> <div class="people_reveal_bio people_reveal people_reveal_active" id="people_bio_en"> <div class="people_bio_mask" id="people_bio_mask_en"> <div class="post_wysiwyg"><h4><strong>Richard is a partner in the assets &amp; structured Finance group.</strong></h4> <p>He specialises in <a href="https://www.wfw.com/services/finance/asset-finance/">asset finance</a> transactions with a particular focus on the <a href="https://www.wfw.com/sectors/transport/maritime/commercial-shipping/">shipping</a> and <a href="https://www.wfw.com/sectors/transport/maritime/lng/">offshore</a> sectors.</p> <p>Richard advises banks, financial institutions and shipowners on all aspects of loan and security documentation.</p> <p>He has also worked in the firm’s Singapore office and has direct industry experience, having spent time working in-house at a leading shipowner and operator.</p> <p>Richard has been recognised as a ‘Rising Star’ for Transport Finance &amp; Leasing by the legal directory Legal 500 UK. In 2019, Legal 500 described Richard as &#8220;<em>very smart, dependable and hardworking</em>&#8220;.</p> </div> </div> <a class="people_related_areas_toggle_mob button_outline" href="en">Show key areas</a> <div class="people_related_mask" id="people_related_en"> <ul class="people_related_areas clearfix"><li><a href="https://www.wfw.com/sectors/transport/aviation/aerospace/">Aerospace</a></li><li><a href="https://www.wfw.com/services/finance/asset-finance/">Asset Finance and Leasing</a></li><li><a href="https://www.wfw.com/sectors/transport/maritime/commercial-shipping/">Commercial Shipping</a></li><li><a href="https://www.wfw.com/sectors/transport/maritime/cruise-ferries/">Cruise</a></li><li><a href="https://www.wfw.com/services/finance/eca-finance/">ECA Finance</a></li><li><a href="https://www.wfw.com/services/finance/asset-finance/">Finance</a></li><li><a href="https://www.wfw.com/sectors/transport/maritime/">Maritime</a></li><li><a href="https://www.wfw.com/sectors/transport/maritime/ports-terminals/">Ports and Terminals</a></li><li><a href="https://www.wfw.com/services/private-equity/">Private Equity</a></li><li><a href="https://www.wfw.com/sectors/transport/">Transport</a></li></ul> </div> <p class="people_related_areas_toggle"><a href="en" class="button_outline">Show key areas</a></p> </div> <div class="people_reveal" id="people_experience_en"> <ul class="people_reveal_list"> <li class="people_experience_link"><a href="https://www.wfw.com/press/wfw-advises-smbc-leasing-and-edr-on-e42m-vessel-financing/" target="">Advising Edmond de Rothschild (“EDR”) on the refinancing of the offshore windfarm service operations vessel m.v. “Bibby Wavemaster Horizon” by way of a €10m junior note issue. The vessel is leased by Centrus to a subsidiary of the Bibby Group and chartered to Siemens Gamesa. This deal won Editor’s Choice Europe in IJGlobal ‘Deals of the Year 2020’</a></li> <li class="people_experience_link"><a href="https://www.wfw.com/press/wfw-advises-globalstar-on-us199m-refinancing-agreements/" target="">Advising Globalstar, Inc. (“Globalstar”) on the successful refinancing of its capital structure by amending an existing senior BpiFAE supported credit facility and raising a new six-year second lien term loan facility agreed with its controlling shareholder Thermo Companies, in conjunction with EchoStar Corporation (“Echostar”), a global provider of satellite communication solutions.</a></li> <li class="people_experience_link"><a href="https://www.wfw.com/press/wfw-advises-tuic-on-financing-and-implementation-of-us1-3bn-acquisition-of-hl-cruises/" target="">Advising TUI Cruises GmbH (“TUIC”) on the financing and implementation of its acquisition of Hapag-Lloyd Cruises (“HL Cruises”) from TUI AG for US$1.3bn, excluding net debt.</a></li> <li class="people_experience_link"><a href="https://www.wfw.com/press/wfw-advises-north-star-renewables-on-dogger-bank-sov-financing/" target="">Advising North Star Renewables Limited on the financing of three service operation vessels (“SOVs”) to service and maintain the Dogger Bank Wind Farm (“Dogger Bank”) in the North Sea. The SOVs will be financed through the proceeds of a £96m issuance of notes due in 2033, subscribed to by Allianz Global Investors GmbH, the global investment management firm. </a></li> <li class="people_experience_link"><a href="https://www.wfw.com/press/wfw-advises-societe-generale-on-financing-of-two-hybrid-power-vessels/" target="">Advising Societe Generale on a term loan granted to a Norwegian SPV managed by Clarksons Platou Project Finance AS as borrower to fund the acquisition of two platform supply vessels, the ‘Hermit Fighter’ and ‘Hermit Prosper’, and their conversion to battery hybrid emergency response rescue vessels. </a></li> </ul> </div> <div class="people_reveal_background people_reveal" id="people_background_en"> <div class="people_background_block"> <h2>Education</h2> <ol> <li>2008 · Nottingham Law School, Legal Practice Course</li> <li>2007 · Nottingham Law School, Postgraduate Diploma in law</li> <li>2006 · University of Nottingham, BSc (Hons) in Zoology</li> </ol> </div> <div class="people_background_block"> <h2>memberships &amp; associations</h2> <ol> <li>2010 · Law Society of England &amp; Wales</li> </ol> </div> </div> <div class="people_reveal" id="people_insights_en"> <ul class="people_reveal_list"><li class="people_experience_link clearfix"><a href="https://www.wfw.com/press/wfw-advises-societe-generale-on-financing-and-delivery-of-vessel-lech-kaczynski/"><strong>Press</strong><span>WFW advises Societe Generale on financing and delivery of vessel “Lech Kaczyński”</span></a></li><li class="people_experience_link clearfix"><a href="https://www.wfw.com/articles/the-financing-and-bankability-of-offshore-wind-vessels/"><strong>Article</strong><span>The Financing and Bankability of Offshore Wind Vessels</span></a></li><li class="people_experience_link clearfix"><a href="https://www.wfw.com/press/wfw-advises-societe-generale-on-financing-of-two-hybrid-power-vessels/"><strong>Press</strong><span>WFW advises Societe Generale on financing of two hybrid power vessels</span></a></li><li class="people_experience_link clearfix"><a href="https://www.wfw.com/press/wfw-advises-north-star-renewables-on-dogger-bank-sov-financing/"><strong>Press</strong><span>WFW advises North Star Renewables on Dogger Bank SOV financing</span></a></li><li class="people_experience_link clearfix"><a href="https://www.wfw.com/press/wfw-advises-virgin-on-delivery-of-cruise-ship-valiant-lady/"><strong>Press</strong><span>WFW advises Virgin on delivery of cruise ship Valiant Lady</span></a></li></ul><p class="people_news_more"><a href="/insights/?_sfm_post_people=458" class="button_outline">View more</a></p> </div> </div> <div id="people_back_mobile"><a href="/people/" class="button_outline">Search people directory</a></div> </div> </div> </div> </section> <footer role="contentinfo" id="site_footer"> <div class="container clearfix"> <ul class="social_list"><li class="social_list_linkedin"><a href="https://www.linkedin.com/company/watson-farley-&-williams/" target="_blank">LinkedIn</a></li><li class="social_list_twitter"><a href="https://twitter.com/WFW_LLP" target="_blank">X (Twitter)</a></li><li class="social_list_youtube"><a href="https://www.youtube.com/@WFW_LLP" target="_blank">YouTube</a></li><li class="social_list_wechat"><a href="https://www.wfw.com/wechat/" target="_blank">WeChat</a></li></ul> <nav role="navigation" id="footer_menu"> <ul id="menu-footer-menu" class="menu"><li id="menu-item-159" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-159"><a href="https://www.wfw.com/accessibility-compliance/">Accessibility / compliance</a></li> <li id="menu-item-160" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-160"><a href="https://www.wfw.com/privacy/">Privacy notice</a></li> <li id="menu-item-161" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-161"><a target="_blank" rel="noopener" href="https://subscribe.wfw.com/login/login.aspx">Email preference</a></li> <li id="menu-item-162" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-162"><a href="https://www.wfw.com/legal-and-regulatory/">Legal and regulatory</a></li> <li id="menu-item-163" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-163"><a href="https://www.wfw.com/slavery-and-human-trafficking/">Modern Slavery and Human Trafficking</a></li> <li id="menu-item-164" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-164"><a href="https://www.wfw.com/email-hoax/">Email hoax</a></li> <li id="menu-item-166" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-166"><a href="https://www.wfw.com/cookie-policy/">Cookie policy</a></li> </ul> </nav> <small>&copy; Watson Farley & Williams LLP 2024 <span>Registered office:<br> 15 Appold Street, London, EC2A 2HB, UK. 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