NH Investment provides $70 million for Qatar acquisition

NH Investment provides $70 million for Qatar acquisition

NH Investment & Securities, a South Korean broker, has underwritten $70 million in debt to help fund the sale and leaseback of two Qatar Airways Boeing 777-300ERs.

The mezzanine debt sourced the debt through a nine-year funding agreement with Hyundai Asset Management. The full domestic funding for the two aircraft equates to $300 million.

Alex Baldwin
By Alex Baldwin June 2, 2017 11:44