AerCap closes JOLCO

Dino D'Amore
By Dino D'Amore June 13, 2016 20:09

AerCap closes JOLCO

Financial Products Group (FPG) has completed a Japanese Operating Lease with Call Option (JOLCO) financing with the AerCap group. FPG AIM acted as JOLCO arranger, with the equity arranged and underwritten by FPG. The senior debt was provided by Sumitomo Mitsui Trust Bank and Credit Agricole-CIB. CA-CIB acted as facility agent and security trustee.

“FPG is delighted to close its first deal with AerCap and to bring such a strong and reputable name to its expanding investor base,” said Hisanaga Tanimura, President and CEO of FPG.

Dino D'Amore
By Dino D'Amore June 13, 2016 20:09