WFW advises Oak Hill on acquisition of US$182.5m container portfolio
Watson Farley & Williams (“WFW”) has advised Oak Hill Advisors (“OHA”) on its acquisition of a portfolio of over 110,000 containers from Aves One AG (“Aves One”). The portfolio is valued at c. US$182.5m and the structure involved both asset and debt elements between the parties.
OHA has approximately US$51bn of capital under management, with over 30 years of experience investing in a variety of asset classes, including performing and non-performing corporate credit, real estate, shipping, aviation and structured products as well as private equity. Aves One, listed in the Prime Standard of the Frankfurt stock exchange, is a leading asset owner of durable rail assets in the European freight market with a modern and profitable freight wagon portfolio.