BBAM Limited Partnership (BBAM) has announced its participation, alongside its long-term partner Nomura Babcock & Brown (NBB), in a $870 million transaction combining senior secured enhanced equipment trust certificates (EETC) and Japanese operating lease with call option (JOLCO) equity in relation to a number of new generation British Airways operated aircraft. The transaction will provide financing for 11 aircraft, including two 787-8, two 787-9 and seven A320neo aircraft. The deal combines EETC and JOLCO structures, allowing the aircraft to be financed by the proceeds from the British Airways 2018-1 certificates and equity arranged by NBB. “BBAM structured the JOLCO element

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