Arthur Cox advises Air Europa on the Sale and Leaseback Deal of the Year
Arthur Cox is very pleased to advise Air Europa on the winning Sale and Leaseback Deal of the Year at the Airfinance Journal Global Awards 2019, which took place virtually yesterday.
The awards recognise excellence in the delivery of challenging deals. The winning deals were selected by a judging panel of senior aviation finance and independent executives. To view the full list of winning deals please click here.
The winning transaction: Air Europa $215m SLB and PDP Financing, included a pre-delivery payments financing tranche, which was structured as a three-tranche solution to optimise the size and keep an efficient all-in cost: a senior tranche underwritten by Natixis, a subordinated tranche also underwritten by Natixis and a junior tranche underwritten by operating lessor Goshawk.