Stellwagen Finance has closed a Pre-Delivery Payment (PDP) financing facility for AWAS relating to five Boeing 737 Max 8 aircraft expected to be delivered to the lessor via a purchase leaseback transaction with one of its airline customers. Stellwagen Finance was the sole arranger sourcing funds from institutional investors for the facility. Stellwagen Finance says the deal reinforces its “leadership in PDP financing and ability to find new sources of capital having financed $1.2BN of PDPs for lessors and airlines to date”. “Over the last few years, Stellwagen has arranged a number of innovative non-bank financing solutions for AWAS and
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