ABL Aviation has arranged the equity for eight of LATAM’s Airbus A320 aircraft. The transaction combined debt with Japanese Operating Lease with Call Option (JOLCO) equity.
LATAM achieved financing for each of the 2013 vintage A320 aircraft in Q4 2019 and Q1 2020.
“This transaction represented another major milestone for ABL Aviation. In 2019, we arranged several JOLCO and structured the first ever AFIC JOLCO, and we hope to do many more innovative transactions with other airlines in the coming months. It was an honour to work with LATAM Airlines on this transaction.” said Ali Ben Lmadani, CEO of ABL Aviation.
ABL Aviation is a global and fully independent asset management company with five offices around the world in Dublin, Casablanca, Hong Kong, New York and Dubai, and an established track record of sourcing and managing aviation investments for its investors. ABL Aviation’s exclusive partnership in Japan allows it to offer airlines JOL and JOLCO financing in both new and mid-life aircraft.