Clifford Chance advises CK Asset Holdings on the US$4bn sale of AMCK Aviation to Carlyle Aviation Partners
13 April 2022
- Riaz Pirmohamed, Antonio Folgore, Chelsea Bruk-Jackson, , Nicholas Rees, Ranbir Hunjan, Jing Tang, , Edward Page, , , Alex Nourry, Kevin Lehpamer, Frédérique Davister, , , Katia Gauzès, Virginia Lee, Joanne Lau
- London, New York, Luxembourg, Hong Kong
Clifford Chance advises CK Asset Holdings on the US$4bn sale of AMCK Aviation to Carlyle Aviation Partners
International law firm Clifford Chance advised CK Asset Holdings on the sale of AMCK Aviation’s portfolio of aircraft to an investment vehicle managed by Carlyle Aviation Partners. The deal has a headline price of over US$4 billion and involved the sale of over 120 aircraft as well as an order book of 20 committed aircraft.
This was a strategic disposal for CK Asset Holdings, representing its exit from the aircraft leasing sector, with the working capital generated from the proceeds of sale enabling it to enhance its strategic focus during the pandemic. AMCK is a global aircraft leasing company headquartered in Dublin, Ireland with regional offices in Tokyo, Japan and Irvine, California.
The Corporate team comprised senior associate Riaz Pirmohamed and associates Antonio Folgore, Chelsea Bruk-Jackson and Sydne Watson, supported by partner Nick Rees. The Asset Finance team was partner Ranbir Hunjan, senior associate Jing Tang and associate Serena Reeves. Senior associate Ed Page and partner Nick Mace advised on Tax. Associate Edita Katuscakova and partner Alex Nourry provided Antitrust advice. Partner Kevin Lehpamer advised on US law aspects. Senior associate Frédérique Davister, associates Nina Aymé and Hanna Lankar and partner Katia Gauzès provided Luxembourg law advice. Partner Virginia Lee and associate Joanne Lau provided Hong Kong listing rule advice.