Burnham Sterling advises Hawaiian Airlines on Japanese Yen financing of two Airbus

Burnham Sterling has acted as exclusive financial advisor to Hawaiian Airlines for the Japanese yen (JPY)-denominated financings of two Airbus A321neo aircraft. The transactions are Hawaiian’s first-ever JPY financings. “The Burnham Sterling team helped us develop and execute this successful, low-cost financing,” said Shannon Okinaka, Chief Financial Officer at Hawaiian Airlines. “For these aircraft, we wanted a financing solution that served the dual purpose of providing a natural hedge to our growing JPY revenues and lowering our financing cost, and we achieved a fixed, 12-year coupon of approximately 1.0%. We were very pleased with Burnham’s JPY-investor placement capabilities and their