CALC | A/c sale and lease novation | 03-24 | 3xA320 | Transaction | Airfinance Journal

CALC | A/c sale and lease novation | 03-24 | 3xA320

Hong Kong SAR-based China Aircraft Leasing (CALC) is selling three Airbus A320 units to Armogan Holdings II – a USA-based entity, which is principally engaged in the aviation leasing business and is a wholly owned subsidiary of Armogan Holdings I.

The latter is beneficially owned and controlled by LuminArx Capital Management LP, a global alternative investment manager focused on special situations investing, which is acting as purchaser guarantor in the sales transaction with CALC.

Seller: China Aircraft Leasing Company


Deal Categories

Regions:
China
Hong Kong
Tagged as:
Secured
BRICS

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8