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Kevin Young

Partner

London

Young Kevin
Kevin Young

Partner

London

Kevin Young is a partner in Allen & Overy’s market leading, tier 1 ranked, Structured and Asset Finance group. Kevin has advised across the whole spectrum of shipping and aviation deals, having acted for banks, financial institutions, export credit agencies, ship owners, airlines, lessors and charterers across a wide range of shipping and aviation deals including lease financings, export credit backed financings, securitisations, chartering arrangements, offshore construction, joint ventures, shipping company restructurings and portfolio sales.
 
Kevin is highly regarded for his asset finance expertise having been praised for his “ability to lead complicated negotiations professionally, efficiently and amicably” (Legal 500 2015).

Recent deal highlights include advising:

Shipping

Banco Santander, S.A., Crédit Industriel et Commercial and Caja de Ahorros y Pensiones de Barcelona on the Spanish operating lease financing of three post-panamax dry bulk carrier vessels for ArcelorMittal S.A.;

Crédit Industriel et Commercial, BNP Paribas S.A., Dexia Bank Belgium S.A. / N.V. and KEXIM in relation to the financing of one 8,500 TEU container vessel and two 16,000 TEU container vessels for CMA CGM S.A. through a French tax lease structure with Crédit Industriel et Commercial as lease arranger;

BNP Paribas S.A. in relation to a USD49.7m Japanese operating lease financing of certain marine containers with Financial Products Group as equity arranger.

Aviation

Iberia in relation to the Spanish operating lease financing of three Airbus A340 aircraft arranged by Banco Santander, S.A.;

Hong Kong Aviation Capital on the pre-delivery payment financing and subsequent sale and leaseback of six Airbus A320 aircraft for Wizz Air.

Restructuring

BNP Paribas S.A. and a syndicate of lenders on the restructuring of three senior secured container vessel facilities for CSAV - a deal which won the Marine Money 2009 restructuring deal of the year award jointly with the ZIM deal referred to below;

BNP Paribas S.A. and a syndicate of lenders on the restructuring of two container vessel facilities and one box facility for ZIM - a deal which won the Marine Money 2009 restructuring deal of the year award jointly with the CSAV deal referred to above.

Securitisation

The Royal Bank of Scotland plc on a multi-issuance securitisation programme of aircraft loans (ExFin Capital 2009-1) guaranteed by Coface, Euler Hermes and ECGD. The portfolio consists of loans used to finance Airbus aircraft.

Portfolio sales

Alliance & Leicester/Santander on the transfer of the Aviation, Shipping, Film and Other Leasing portfolios from Alliance & Leicester plc to Santander UK plc pursuant to a “banking business transfer scheme” as set out in Part VII of the UK Financial Services and Markets Act 2000.

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Office

London

Allen & Overy LLP
One Bishops Square
London
E1 6AD

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Qualifications

Professional

Admitted as solicitor, England and Wales, 2004

Academic

BA, Law, Lincoln College, Oxford University, 2000