Viva Aerobus closes inaugural Balthazar-supported financing

Crédit Agricole CIB has closed Viva Aerobus’ inaugural $165.45 million Balthazar-supported senior secured loan for the acquisition of three A321NEO aircraft delivering from Airbus, including the funding of the first aircraft shortly after signing. The second and third aircraft are scheduled for delivery later this year. This is the first Balthazar‑supported financing for an airline in the Americas. Crédit Agricole CIB is acting as facility agent and security trustee and has arranged for a syndicate of banks including CIC and Banco Santander. The transaction benefits from a Balthazar non-payment insurance policy provided by a consortium of leading European insurers brokered