AerDragon | PDP financing | 01-14 | $40m | 10x737-800 | Transaction | Airfinance Journal

AerDragon | PDP financing | 01-14 | $40m | 10x737-800

In January 2014 AerDragon entered into a co-operation agreement with CAS for the financing of the predelivery paymanets with respect of ten 737-800 aircraft. The financing amounted to $40.0 million. CAS owns 50% of AerDragon. The interecompany loan is charged at LIBOR plus margin ranging between 1.4% and 2.1% and was repaid to CAS upod delivery of the aircraft.


Deal Categories

Regions:
China
China
Tagged as:
Secured
BRICS

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