MJM Advises on Refinancing of Rosewood Bermuda at Tucker’s Point
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MJM is one of Bermuda’s leading law firms. We have a broad ranging practice with an emphasis on civil and commercial litigation, banking and finance, general corporate, trusts, insolvency, restructuring, insurance and reinsurance. We also offer advice and services to international individual and commercial private clients.
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MJM has acted as Bermuda counsel to Blackstone Mortgage Trust and KSL Capital Partners as lenders on the refinancing of the Rosewood Bermuda at Tucker’s Point. Completion of the refinancing transaction occurred on 26 April 2024.
MJM was instructed on behalf of the lenders by Gibson Dunn & Crutcher LLP’s New York office and advised on all Bermuda law aspects of the project.
Team lead, Mark Adams said “Our team is delighted to have assisted Blackstone and KSL on this significant transaction, marking further innovative foreign investment in Bermuda. We are grateful to our clients for the opportunity to be involved in supporting Bermuda’s prestigious hospitality sector”.
The MJM team comprised Mark Adams, Denis de Frias, Jennifer Haworth and De Waal Nigrini.