Conyers Dill & Pearman has provided Cayman Islands advice to Cayman Hotel Holdings, a subsidiary of Five Mile Capital Partners (FMC), pertaining to the $130m (£80m) refinancing of the Ritz-Carlton Grand Cayman property.
FMC is an alternative investment and asset management company that specialises in investment opportunities in real estate, debt products, structured finance, asset-based lending and financial services private equity, with investments in major properties in the US and the Caribbean.
The transaction involved the refinancing of the Ritz-Carlton Grand Cayman property by its new owners. The transaction involved eight firms of attorneys representing the varied interests of the parties.
The Conyers team of lawyers was made up of Kevin Butler, the partner in charge, and Olivaire Watler, leading the advice, as well as Hilary Brooks, Tania Dons, Richard Fear and Jonathan McLean.