Wednesday 24 April 2019 – Dublin, Ireland & Hong Kong, China: Aergo Capital has partnered with Deutsche Bank (London Branch) to finance two 2009 vintage Airbus A321-200 aircraft, both subject to lease with Air Transat (Canada). The aircraft are subject to long term operating leases with Air Transat and were acquired by Aergo Capital in August of 2018.
Fred Browne, Chief Executive Office of Aergo Capital, commented, “We are delighted to partner with Deutsche Bank on this transaction as we continue to support the growth of Air Transat and further develop our banking relationships”.
Richard Moody, Global Co-Head of Transportation, Infrastructure & Energy Financing for Deutsche Bank, remarked, “Building on our long term relationship, Deutsche Bank is pleased to have been able to support Aergo Capital on this transaction and with its continuing growth strategy”.
Smith Gambrell & Russell acted as borrower counsel, A&L Goodbody acted as Irish transaction counsel and Blakes, Cassels & Graydon acted as Canadian counsel for Aergo Capital. Winston & Strawn acted as lender counsel for Deutsche Bank. KPMG acted as tax and accounting adviser.