MUFG assists BBAM in financing Delta leases

Mitsubishi UFJ Financial Group (MUFG) was mandated as a Lead Arranger and Structuring Agent by BBAM Aircraft Leasing and Management to provide financing for four aircraft on long-term leases to Delta Air Lines. As part of the transaction, MUFG is providing a senior secured term loan facility for a portion of BBAM’s managed fleet. “We are pleased to assist BBAM in financing a portfolio that includes three Airbus A321-200 airliners and one Boeing B737-900ER airliner,” says Olivier Trauchessec, global head of origination and structured solutions for aviation at MUFG. BBAM is the leading provider of asset origination and management services