MSNs: 61181, 61182, 61183, 61175 and 61184.
Turkish carrier SunExpress has taken delivery of five Boeing 737-800s financed with US Ex-Im-backed French tax leases in the second quarter of 2016.
ING and BNP Paribas acted as debt arrangers for the 12-year loans, according to a joint announcement. The banks state that Ex-Im Bank approved the transaction before its authorisation lapsed on 30 June, 2015.
The five loans totalled €151 million ($171 million).
BNP Paribas acted as Lease Investor, Lease Arranger, Joint Debt Arranger, Lender and Ex-Im Bank loan paying agent.
The 5 aircraft were underwritten and held by BNP Paribas and ING Diba only. It was one of the first Ex-Im financing of ING DiBa (Germany) as lender.
Pillsbury advised SunExpress, Robert Wray advised Ex-Im Bank, Dentons represented ING and BNP Paribas as lenders and agents, and Norton Rose advised BNP Paribas as lessor.
