2 February 2015
French corporate and investment bank, Natixis, acting as agent, lender and security trustee on the transaction, instructed Watson, Farley & Williams Asia Practice LLP (“WFWAP”) in Singapore to advise on an operating lease financing transaction for the Irish lessor, AerDragon.
The transaction involved a secured loan facility from Natixis for the acquisition of one B737-800 aircraft. The aircraft is one of four of its type to be leased by AerDragon to China Eastern Airlines and is to be operated by China Eastern Airlines or its subsidiary, China United Airlines under a joint leasing arrangement.
Singapore finance partner Siva Subramaniam led the WFWAP team advising Natixis, with assistance from Singapore associate Peter Mitchell.