Wings Capital Partners LLC Announces the Issuance of $678,075,000 Secured Notes

Wings Capital Partners LLC (“Wings”) announced today the issuance of $678,075,000 of fixed rate secured notes (the “Notes”) by WAVE 2019-1 LLC and WAVE 2019-1 Limited (“WAVE”), comprised of $555,531,000 of 3.597% Series A Notes, $81,696,000 of 4.581% Series B Notes and $40,848,000 of 6.413% Series C Notes. Proceeds from the issuance of the Notes will be used by WAVE to acquire a portfolio of 23 Airbus and Boeing jet aircraft consisting of 100% in-production narrowbody jet aircraft on lease to a diversified pool of 17 customers in 13 countries.

Wings and its Irish affiliate, Wings Capital Partners Aviation Ireland Limited, will act as servicers with respect to the aircraft.

Goldman Sachs & Co. LLC is the Global Coordinator, Lead Bookrunner and Lead Structuring Agent, Deutsche Bank Securities is a Joint Lead Bookrunner,and Credit Agricole Securities is a Joint Structuring Agent and Joint Lead Bookrunner. In addition, Credit Suisse Securities (USA) LLC, MUFG, Natixis and BNP Paribas are Passive Bookrunners for the transaction. Credit Agricole Corporate and Investment Bank, acting through its New York branch, provides the liquidity facility and a standby letter of credit for the benefit of the Issuers.

Wings and WAVE were advised by Clifford Chance US LLP, and Milbank LLP acted as counsel to the Structuring Agents and Bookrunners and also for the Liquidity Facility Provider and the issuer of the standby letter of credit.