China Aircraft Leasing Group (CALC) has funded two A320s delivered on lease to Pegasus Airlines in June using a Japanese Operating Lease with a Call Option (JOLCO) transaction. The JOLCO was arranged by Asset Brok’Air, with Credit Agricole-CIB arranging the debt. The French bank also acted as the facility agent and security trustee. Legal advise on the deal was provided by Watson Farley & Williams, Bezen & Partners and A&L Goodbody, which acted for CALC. Asset Brok’Air’s legal counsel was K&L Gates, while CA-CIB was advised by Clifford Chance. Tax advisors on the deal were AK Denetim and Price Waterhouse

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In