NEWS

Aeroplane in Flight

WFW advises four banks on an Air New Zealand Japanese operating lease for Boeing 777-300ER

2 February 2012

Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it has advised a syndicate of banks led by BNP Paribas as global coordinator, lease arranger and facility agent, in relation to the arrangement of a Japanese operating lease with call option (Jolco) for one Boeing 777-300ER for Air New Zealand. The transaction is denominated in Japanese yen.

The syndicate of banks comprised BNP Paribas as global coordinator, lease arranger and facility agent, Australia and New Zealand Bank (“ANZ”) as security trustee, ANZ, BNP Paribas, The Bank of Tokyo Mistubishi UFJ and Development Bank of Japan as co-debt arrangers.

The WFW team consisted of partners Mehraab Nazir and Siva Subramaniam, who were assisted by associates Aditi Kalra and Farah Iqbal.