Asset & Equipment Finance

Leading capability across transportation assets and equipment finance

Reed Smith’s deep industry knowledge and decades of experience are recognized by clients across asset finance, including in aviation, shipping, rail, and wider equipment-based transactions. 

The team has leading practitioners across multiple offices on three continents who advise clients on a wide range of cross-border and domestic leasing and financing of big-ticket transportation assets, equipment, and related infrastructure.

Our practice encompasses the aviation, maritime, and rail industries, and we act for bank and non-bank lenders, arrangers, equity investors, leasing companies, manufacturers, export credit agencies and development banks, and operators on a wide range of aircraft, maritime, and other asset-based and receivables-backed finance and leasing transactions (including their restructuring).

We have represented clients on a wide range of structured and large-scale cross-border transactions, from structuring through closing, including in export credit agency-related matters, syndicated and single-investor loans, Islamic finance, lease structures (including operating, finance, synthetic, TRAC, and leveraged leases; Japanese operating leases; and tax lease structures), pre-delivery payment finance, individual asset and portfolio sales and purchases, forward flow transactions, securitizations, capital markets products, joint ventures, business jet finance, engine finance, OEM purchase agreements, and restructurings, as well as other structured solutions, including asset backed securities. Counseling clients across the whole spectrum and life cycle of shipping and aviation deals gives us a vantage point on the threshold requirements of transaction parties and industry fundamentals, enabling our clients to rely on Reed Smith for innovative, practical solutions that advance their businesses.  

Our role frequently entails partnering with clients who are looking at some of the most complex and innovative transactions in the transportation space, providing them with market-leading insight and skills, together with a practical approach. The team works seamlessly with our transportation disputes team, which allows us to deliver efficient results, help clients avoid issues, and seamlessly address any that arise. The group is attuned to client needs and includes numerous former senior in-house counsel at major equipment finance companies. In addition, we can leverage advanced technology, including document automation and AI tools, to provide cost-efficient services that deliver value in reviewing and analyzing portfolios of assets, leases, equipment finance documents, and beyond, enabling us to deliver faster, more cost-effective solutions. This positions us as clients’ top choice for both complex, bespoke transactions and day-to-day customary transactions.

As well as delivering outstanding technical legal advice, we offer our clients market insights, judgment, and guidance in a commercial context, providing invaluable support in navigating transactions and in our clients’ decision-making, planning, and risk management. 

“What truly sets this department apart is their ability to consistently deliver under tight deadlines in an efficient and highly organised manner.”

Chambers UK, Asset Finance: Shipping and Aviation

“Reed Smith has a high level of responsiveness from associates to partners and a practical approach to how to solve issues.”

Chambers UK, Asset Finance: Shipping and Aviation

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