Wednesday 8 May: Aergo Capital (Dublin & Hong Kong) has partnered with DVB Bank (London Branch) to finance two 2008 vintage Boeing B737-900ER aircraft, both subject to long term leases with Lion Air (Indonesia).
Fred Browne, Chief Executive Office of Aergo Capital, commented, “We were delighted to work with DVB Bank on this transaction and look forward to exploring additional areas of cooperation with the Bank.”
Eelco van de Stadt, Global Head of Aviation Finance for DVB Bank, commented “We are very pleased to extend our cooperation with Aergo Capital and to continue supporting the growth of their leasing platform”.
Smith Gambrell & Russell acted as borrower counsel, A&L Goodbody acted as Irish transaction counsel and Blakes, Mochtar Karuwin Komar acted as Indonesian counsel for Aergo Capital. Clifford Chance acted as lender counsel for DVB Bank. KPMG acted as tax and accounting adviser.