Ashurst has advised DBS Bank Ltd., National Australia Bank and Sumitomo Mitsui Banking Corporation (as mandated lead arrangers) in connection with the financing of the acquisition by Macquarie Helios Holdings Limited (an SPV owned by Macquarie Capital) of an indirect 45% stake in Helios Terminal Corporation Pte. Ltd. (Helios) from Oiltanking GmbH.

Helios owns a world-class, state of the art fuel oil storage terminal (with a total shell capacity of 503,000 cbm) located on Jurong Island, Singapore.

The Ashurst team was led by Singapore-based finance partner Matt Stott, assisted by counsel Aaron Lee and trainee Samantha Hall.