Finance

MUFG closes JOLCO with Cebu Pacific

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MUFG closes JOLCO with Cebu Pacific

MUFG Bank has closed a 12-year, Japanese Yen equivalent US$123 million Japanese Operating Lease with Call Option (JOLCO) financing with Cebu Pacific (Cebu). MUFG acted as the mandated lead arranger, sourcing and arranging both debt and equity portions in this JOLCO transaction. MUFG also served as t...

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