Standard Chartered and Vistara close debt financing of Airbus aircraft

Standard Chartered has successfully closed the debt financing of one new Airbus A320neo aircraft with Vistara, a joint venture between the Tata group and Singapore Airlines. The deal was structured, financed and arranged exclusively by Standard Chartered Aviation Finance. The aircraft was delivered by Airbus to Vistara in April 2022. Although Standard Chartered already provides Vistara with corporate banking expertise and services, this is the first aviation finance transaction completed with the airline. Kieran Corr, Global Head of Aviation Finance and CEO of Ireland, Standard Chartered, said: “We are proud to build a relationship with Vistara and support its expansion