YOON&YANG
Elayne Heeseung Sung Senior Foreign Attorney
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  • TEL 82 2 6003 7045
  • FAX 82 2 6003 7806
  • E-MAIL
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

Awards

  • Highly Regarded, Banking and finance, IFLR1000 (2024)

Insights