Arctic Aviation Assets has closed financing of two Airbus A320neo (MSNs: 7209 & 7273) on lease to Hong Kong Express. The aircraft are being financed by a term debt facility provided by DVB Bank. The narrowbodies are the first of 12, which will be delivered to Hong Kong Express from Airbus and placed on 12-year operating leases with Arctic Aviation Assets.
Hogan Lovells acted for Arctic Aviation Assets as lessor’s counsel while Pillsbury Winthrop Shaw Pittman represented DVB.
