Vedder Priced advised Air Canada on its recent EETC

Vedder Price has announced that it advised Air Canada in connection with the offer and sale of more than $1 billion of the airline’s 2015-1 enhanced equipment trust certificates (EETCs). Air Canada expects to use the proceeds to finance nine new Boeing 787-8 and 787-9 aircraft. Together with the airline’s initial $714 million EETC transaction in May 2013, as well as the issuance of $400 million of senior unsecured notes in April 2014 and a $1.4 billion refinancing transaction in September 2013, Vedder Price has successfully completed in excess of $3.5 billion in financing transactions for the airline in under