R.W. Pressprich & Co, a New York-based institutional broker dealer, announced today the successful closing of $116mm Beacon Aircraft Company 2012-1. With Beacon, R.W. Pressprich & Co. assisted Airbus Financial Services in monetizing a previous mortgage financing related to the sale of A330-300s to a U.S.-based airline. Pressprich acted as Placement Agent and placed the transaction privately with institutional investors. “The Pressprich Aviation Group worked closely with Airbus to develop a strategy that would satisfy their internal objectives and also create a compelling opportunity for institutional investors,” said Managing Director Steven B. Welo, CFA

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