WFW supports Avolon on order of 100 A321neo aircraft from Airbus14 December 2023
The aircraft are scheduled for delivery out to 2032.
The aircraft are scheduled for delivery out to 2032.
The purpose of this White Paper is to provide general guidance to transaction participants and practitioners in their consideration of the application of the provisions of Section 15G of the Securities Exchange Act of 1934, as amended, as added by section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the federal interagency credit risk retention rules promulgated thereunder, codified at 17 C.F.R. Part 246, to a typical issuance of securities by a newly formed special purpose vehicle that owns or will own, among other things, a portfolio of marine containers and related leases which may be entered into directly or indirectly by way of one or more management agreements.
NAC is the largest lessor of regional aircraft, with over 500 aircraft. Since the onset of the pandemic, NAC is to-date the only aircraft lessor to have entered into any formal restructuring proceedings.
WFW was chosen to advise on this deal ahead of a number of other leading international firms thanks to the experience and expertise of its lawyers.
This is the first occasion when 100% of the equity in a container box ABS has been sold to third-party investors and only the second time that any equity in a container box ABS has been sold to third party investors.
Chris is the most recent of several senior hires and promotions across WFW’s Global Aviation Group in the past two years.