CDB Aviation executes $660million portfolio financing

CDB Aviation has entered into a facility agreement for the secured portfolio of thirteen Airbus and Boeing aircraft, valued at approximately US$660 million. The transaction brings the lessor’s executed financings year-to-date to a total of US$2.53 billion. The first large-sized portfolio financing executed by the lessor since the onset of the COVID-19 pandemic is secured with a combination of Airbus A320-200 and A350-900 as well as Boeing 737 MAX 8 and 787-9 Dreamliner aircraft. “Diversifying financing sources at a competitive cost of capital is one of our key objectives,” underscored CDB Aviation Chief Financial Officer Brendan O’Neill, noting that the