Herbert Smith Freehills advises on AerDragon Aviation Partners’ $220 million senior secured commercial loan

Law firm Herbert Smith Freehills has advised a syndicate of financiers on AerDragon Aviation Partners’ (Dragon) $220 million senior secured commercial loan. The bank syndicate was led by Credit Agricole CIB (CA-CIB) and DVB Bank SE Singapore Branch and also included the Korea Development Bank, Landesbank Hessen-Thuringen Girozentrale and Norddeutsche Landesbank Girozentrale.  Dragon is an aircraft leasing joint venture between AerCap, China Aviation Supplies Holding Company and affiliates of Credit Agricole CIB. Established in 2006 and based in Ireland, Dragon will use the funds to refinance a portfolio of 10 aircrafts. Singapore partner Samuel Kolehmainen commented: “This was a complex transaction