YOON&YANG

Elayne Heeseung Sung Senior Foreign Attorney

TEL 82 2 6003 7045
FAX 82 2 6003 7806
E-MAIL ehsung@yoonyang.com

Elayne Heeseung Sung is a senior foreign attorney at Yoon & Yang LLC and her main areas of work include corporate law and finance · capital markets.
Ms. Sung advises financial institutions and businesses in cross-border transactions with a focus on lease and transportation finance. She has a broad range of experience advising owners and banks with acquisition and financing of newbuildings and secondhand ships, joint venture agreements, sale and leasebacks, cross-border leases and export credit agency backed facilities. She also has experience in advising banks on rehabilitation of Korean companies.

Experience

2023-present Yoon & Yang LLC
2024-present Member, Investment and Guarantee Review Committee, Korea Ocean Business Corporation
2001-22 Lee & Ko LLC
2000-01 Kim Shin & Yu

Education

2000 Temple University Beasely School of Law, J.D.
1997 State University of New York at Binghamton, B.A.

Representative Matters

Advised lenders on refinancing of 6 bulk carriers for Pan Ocean
Advised K-EXIM and K-SURE covered lenders on Seadrill restructuring and Chapter 11 proceedings in relation to K-EXIM guarantee and K-SURE insurance policies
Advised lenders on financing of 5 newbuild bulk carriers for Pan Ocean
Advised senior lenders on financing of new container boxes for HMM via KOBC container box lease program
Advised lenders on refinancing of 3 very large ore carriers for Pan Ocean
Advised senior lenders on financing of 2 newbuild LPG carriers for KSS Line
Advised lenders on financing of very large ore carrier and bulk carrier for Polaris Shipping
Advised K-EXIM covered lenders on Duqm Export Refinery Complex Project in relation to K-EXIM guarantee
Advised K-SURE covered lenders on Kuwait Clean Fuel Project for KNPC in relation to K-Sure insurance policy
Advised K-EXIM on NORTE II power project (refinancing)
Advised K-EXIM on a senior loan facility to CMBFL subsidiaries for the acquisition of 5 newbuilds
Advised KSMT on sale and leaseback of 10 containerships for HMM
Advised lenders on financing and refinancing of LNGs for Hyundai LNG Shipping
Advised MUFJ in relation to Samsun Logix Corporation rehabilitation proceedings
Advised on senior financing of two aircraft leased by Turkish Airlines from Intrepid
Advised on JOL of two B767-300ER and one A321-200 for KEB Hana Bank, Air Canada and JP Lease Products & Services
Advised on operating lease of one B737-800 for Avolon