Ince & Co advises on formation of Epic Pantheon International Gas Shipping Ltd
Ince & Co has advised on the formation of Epic Pantheon International Gas Shipping Ltd.
Ince & Co has advised the Epic Shipping Group, a Singapore-based LPG ship owner and operator, on its merger with Pantheon Inc, a Greece-based LPG shipping operator, to form Epic Pantheon International Gas Shipping Ltd (E-P Gas).
Ince also advised the key shareholders/investors in the Epic Shipping Group on their investment into the new E-P Gas.
Ince & Co’s London-based corporate partners Stephen Jarvis and Tanya Nash led the team that advised on the multi-jurisdictional transaction involving advisors and parties in Greece, the BVI, Marshall Islands, Singapore, the UK and the US.
The transaction involved a group reorganisation, multi-layered joint venture arrangements, corporate sales and the simultaneous refinancing of the entire group.
Substantial new equity financing was provided by Jefferies Capital Partners, Shipping and Intermodal Investment Management (the shipping fund of DVB Bank), Chris Buttery and other backers of the Epic Shipping Group and the backers of the Pantheon group.
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