USD 210m senior loan; KRW 75bn junior note
The financing came from Korea Development Bank (lead arranger) and KDB Asset Management ( arranger for Korean investors on junior side).
The financing was in US dollar denominated commercial loan on the senior side and Korean won denominated junior note issuance. The split between the senior and junior parts was roughly 70/30. On the junior side there is one note issuer and one trustee, both of whom are South Korean. The deal represents the first transaction in which Korean investors provided 100% financing for an A380 for a local carrier.
