Airbus A380-861 financing

1/4/2016
Asset finance, Financing

$ 230 million

Completed

1/4/2016


Overview:

  • Hi Investment and Securities have financed two Airbus A380 aircraft for Emirates Airlines.
  • The financing comprises of three tranches: the senior tranche consisting of a senior bond in the amount of $69 million subscribed for by SB Aircraft Investment 1 and a senior loan in the amount of $90 million extended by Sumitomo Mitsui Trust Bank; the mezzanine tranche consisting of a mezzanine bond in the amount of approximately $50 million; and the junior tranche consisting of a junior bond in the amount of $25 million. 

Katrin Kostadinova - Data analyst

Jurisdiction:

South Korea

Deal types:

Asset finance
Financing

Practice area:

Asset finance

Governing laws:

England and Wales
United Arab Emirates
Ireland
South Korea

Industry sector:

Aviation


Firms:

Party: Samsung Asset Management Company (Shareholder)

Lawyer: Yunjeong Seo


Party: HI Investment & Securities (Financiers)