Tamwheel Aviation Finance completes Asiana Airlines aircraft financing arrangement

Novus Aviation Capital’s Tamwheel Aviation Finance has completed arrangements to provide a secured second lien debt for Asiana Airlines, which will be used to finance two new Airbus aircraft. The A350-900 and A321neo aircraft, to be delivered in October and December respectively, maark what Novus Aviation Capital describes as a ‘a milestone in Asiana Airlines’ strategic initiative to modernize and enhance its fleet’. Japan’s MUFG bank and the Sumitomo Mitsui Banking Corporation (SMBC) are the senior financiers in a transaction described by Novus as showcasing ‘[their] comprehensive ability to structure and manage complex aviation financing alongside established partners in the