Finnair | Jolco | 04-16 | €115m | 1xA350-900 | Transaction | Airfinance Journal

Finnair | Jolco | 04-16 | €115m | 1xA350-900

MSN: 022

Finnair has secured financing for its fourth Airbus A350-900, delivered in March 2016. The transaction amounts to approximately EUR 115 million, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure arranged by Credit Agricole. The transaction relates to Finnair’s ongoing long-haul fleet renewal program, which currently consists of 19 new Airbus A350-900 aircraft delivered between 2015 and 2023.

FK Diamante Leasing Ltd. (Representative Borrower, owned by Fuyo General Lease Co., Ltd,)
Tapio Leasing, Inc. (owned by JA Mitsui Leasing, Ltd.);
SHAULA Ltd. (owned by NTT Finance corporation)


Deal Categories

Regions:
Europe
Finland
Tagged as:
Secured

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