Stellwagen Group closes first A380 SLB

Dino D'Amore
By Dino D'Amore June 2, 2016 17:05

Stellwagen Group closes first A380 SLB

Stellwagen Group, headed by Doug Brennan and new COO Howard Millar, has completed its first sale and leaseback transaction with Emirates for one A380. This is the 12th Emirates aircraft financed by the Stellwagen Group in less than 12 months, with total deliveries valued at $4.7bn (at list price).

Millar, CEO of the newly-formed Stellwagen Capital subsidiary, is set to launch an initial capital raise of $1 billion over the coming months (read more about that here tomorrow).

Dino D'Amore
By Dino D'Amore June 2, 2016 17:05