Deutsche Bank has acquired €1.67bn ($1.78bn) of loans from the aircraft financing portfolio from Norddeutsche Landesbank (NORD/LB). The loans are to a diverse range of lessors and airlines. The loans are secured by commercial passenger aircraft and engines. Deutsche Bank had secured the deal after coming out on top against a large number of bidders. The deal is expected to close in the second half of 2024. The acquisition is still subject to approval by antitrust authorities. Clifford Chance advised Deutsche Bank on the transaction.

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