CALC funds one A320 using a JOLCO

Eleanor Steed
By Eleanor Steed May 24, 2017 14:29

CALC funds one A320 using a JOLCO

On May 17, China Aircraft Leasing Group Holdings (CALC) closed the JOLCO financing of one A320-200 bearing MSN 7583. The aircraft is on lease to AirAsia Berhad.

Crédit Agricole CIB (CACIB) acted as overall JOLCO debt and equity arranger. CACIB also acted as facility agent and security trustee. CACIB and Crédit Industriel et Commercial acted as lenders in the commercial loan. CALC were advised by Watson Farley & Williams and the Japanese parties by Nishimura & Asahi. The lenders were advised by Clifford Chance.

Eleanor Steed
By Eleanor Steed May 24, 2017 14:29