Hunton Andrews Kurth Represents Limetree Bay Terminals LLC on Additional Financing Agreement with AMP Capital Investors S.A.R.L. for Up to $105 Million

Hunton Andrews Kurth LLP advised Limetree Bay Terminals LLC ("Company") in completing additional financing transactions in connection with the financing arrangement announced on August 2, 2021 (the "August 2021 Transaction") with AMP Capital Investors S.A.R.L. and affiliates ("AMP Capital"). AMP Capital and a group of the Company's term loan lenders have upsized their capital investment in the company by $55 million, bringing the total amount of capital provided under new financing arrangements, including the August 2021 Transaction, to $105 million.

Limetree Bay Terminals is a world-class energy logistics hub centrally located in the Caribbean facilitating the storage, segregation, blending, and global movement of crude oils, fuel oils, bunker, gasolines, diesel, jet fuel, and liquid petroleum gases. Customers include integrated global oil majors, refiners, global trading houses, and the co-located refinery. The facility consists of 167 tanks, with a capacity of approximately 34 million barrels, and deep-water access to 11 docks including an offshore single point mooring (SPM) buoy capable of loading and discharging vessels up to VLCC size.

The Hunton Andrews Kurth team representing Limetree Bay Terminals is led by restructuring partners Tad Davidson and Joe Rovira. Partners Jeff Butler and Jared Grodin handled finance matters with assistance from associate Rachel Morico, partner Phil Haines handled corporate governance matters with assistance from associate Mike Hoffman, and partner Tammy Brennig handled opinion matters.