CMB Financial Leasing closes refinancing

Dino D'Amore
By Dino D'Amore May 9, 2016 19:59

CMB Financial Leasing closes refinancing

CMB Financial Leasing has announced the successful closing of a refinancing debt facility covering two Boeing 777-300ER aircraft with a banking group consisting Asia-Pacific and European lenders.

The two widebody aircraft are currently on long term operating leases to Taiwanese flag carrier China Airlines.

Australia and New Zealand Banking Group Limited (ANZ), DVB Bank and Landesbank Hessen-Thueringen (Helaba) jointly arranged the senior loan facility, which covers the remaining term of the leases.

William KK Ho acted for CMB as borrower’s counsel while Allen & Overy advised the banking group for this transaction.

Dino D'Amore
By Dino D'Amore May 9, 2016 19:59