China Aircraft Leasing Corporation (CALC) has completed its very first aircraft financing backed by a guarantee issued by UK Export Finance for an A320 aircraft leased to Air India. This financing covers the first of the five A320 aircraft being delivered to Air India this year. Credit Agricole-CIB acted as the ECA financing advisor, Vedder Price was the transaction counsel advising CALC. TD Bank was the lender and TD Securities was the co-arranger. ING Capital is the co-arranger and facility agent, Wilmington Trust as the security trustee and Watson Farley Williams provided legal counsel to the ECAs and the lender.
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.