AerCap closes JOLCO with FPG

AerCap closes JOLCO with FPG

AerCap has closed its first Japanese Operating Lease with a call option (JOLCO)with Financial Products Group.

FPG AIM arranged the lease with FPG equity arranger and underwriter.

Hisanaga Tanimura, president and CEO of FPG, said: “FPG is delighted to close its first deal with AerCap and to bring such a strong and reputable name to its expanding investor base.”

Lessee: AerCap
Date: 14 June 2016
Aircraft: Undisclosed
Structure: Japanese operating lease with call option (JOLCO)
Arranger: FPG AIM
Equity arranger and underwriter: FPG
Facility agent and security trustee: Crédit Agricole CIB
Debt providers: Crédit Agricole CIB, Sumitomo Mitsui Trust Bank

Alasdair Whyte
By Alasdair Whyte June 16, 2016 11:03