Hamburg Commercial Bank closes first aviation transaction

Hamburg Commercial Bank (HCOB) has closed its first aviation transaction with a US$70 million commitment in a US$337 million limited recourse syndicated portfolio financing for a US-based lessor of mid-life aircraft and engines. HCOB has also added two senior industry professionals as part of the build out of its global aviation business. Debbie Frew joins as managing director located in London, and Christophe Beaubron joins as head of underwriting, based in Luxembourg. Frew was previously with Deutsche Bank for over 14 years and was most recently head of aviation and land transportation EMEA. Beaubron was previously head of credit at