Clifford Chance

International law firm Clifford Chance's Global Asset Finance Group today announced its involvement in seven of the recent market-leading aviation transactions which have received "Deal of the Year" awards from Airfinance Journal, a major commercial aviation industry publication.

The "Deals of the Year" on which the Group advised are:

• Airline Unsecured Bond Deal of the Year
  Etihad Airways | Sukuk | $600m
• Asia-Pacific Deal of the Year
  Cathay Pacific Airways | Recapitalization Plan | HK$39bn
• Equity Deal of the Year
  Norwegian Air Shuttle | Recapitalization | $1.6bn
• Europe Deal of the Year
  Virgin Atlantic Airways | Recapitalization Plan | £1.2bn
• Guaranteed Financing Deal of the Year
  Skywest Airlines | AFIC-Supported Financing | $80m | 4xE175
• News Event of the Year
  GECAS-PIMCO | Aviation Fund | $3bn
  
• Overall Capital Markets Deal of the Year
  SAPA 2020-1 | ABS | $620m | 21xA/c

William Glaister, head of the Global Asset Finance Group: "We are grateful that our clients have retained their trust in our ability to advise on and execute such pioneering deals across the spectrum of aviation leasing and financing products, especially in these unprecedented and challenging times, and we look forward to continuing to support their investment in the industry."