WealthCap, the Munich based initiator of closed end funds, has successfully purchased its second A380-800 aircraft on lease to Singapore Airlines (SIA), which will be placed in the German KG market. The transaction allows WealthCap to further expand their aviation track record of 25 aircraft fund transactions. The lease term is ten years with a wide variety of extension options being available to the airline thereafter. ANZ Singapore Branch acted as the debt arranger and facility agent under a syndicated banking facility. The overall transaction was arranged by EastMerchant Capital, which also assumes the role of asset manager. WealthCap was
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