Floreat Group | Commercial loan | 11-16 | $152m | Transaction | Airfinance Journal

Floreat Group | Commercial loan | 11-16 | $152m

In December 2016 Floreat group issued notes for USD 132m in equity via two series A & B. Series B was structured as Sharia compliant to accommodate Floreat’s private and institutional investors from the Middle East.  The split between each series was USD 51m through Series A and USD 81m through Series B.

In addition to the equity, USD 152m of senior debt was provided by Nord LB who also acted on behalf of senior lenders, on 29 November 2016


Deal Categories

Regions:
Europe
United Kingdom
Tagged as:
Secured
G8

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