Sky Aircraft Leasing International $780 million aircraft lease portfolio securitisation

31/8/2017
Asset Backed Securities (ABS), Securitisation

$ 780 million

Announced

31/8/2017


Overview:

  • Sky Aircraft Leasing International has completed the securitisation of a $780 million aircraft lease loan portfolio it originated.
  • S-JETS 2017-1 - the vehicle used for the transaction - has undertaken three notes issues consisting of $657.8 million Class A notes, $81 million Class B notes, and $42 million Class C notes.
  • The portfolio comprised 21 aircraft leased to 16 different airlines.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Ireland

Deal types:

Asset Backed Securities (ABS)
Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Ireland

Industry sectors:

Financial services
Aviation


Firm:

Party: Sky Aircraft Leasing (Originator)

Party: S-JETS 2017-1 (Issuer)

Lawyer: Hilary Marren