28 April 2016
Clifford Chance advises on US$650 million secured credit facility for AerCap
Leading international law firm Clifford Chance has advised a syndicate including Development Bank of Japan Inc., The Bank of Tokyo-Mitsubishi UFJ, Ltd., DBS Bank Ltd., National Australia Bank Limited, China Construction Bank (Europe) S.A., The Bank of East Asia, Limited, CTBC Bank Co. Ltd. and The Tokyo Star Bank, Limited, as mandated lead arrangers, on an up to US$650 million secured credit facility for AerCap Holdings N.V.
AerCap, based in Ireland, is one of the world's largest aircraft leasing companies. This credit facility was signed to finance AerCap's acquisition of a portfolio of nine aircraft from Boeing and Airbus.
Office Managing Partner Fergus Evans led on the deal and was supported by senior associate Kamil Gerard Ahmed and associates Nattawat Vilasdechanon, Jeffrey Ip and Rebecca Lee in Bangkok.
Fergus said, "We are very happy to have closed this important transaction, which indicates that APAC banks have significant appetite for quality international credits like AerCap."