HCOB closes first primary aviation sector transaction for four of JLPS’s A320s on lease

Hamburg Commercial Bank (HCOB) has successfully closed its first primary transaction in the aviation sector, providing a senior secured structured financing for JP Lease Products & Services (JLPS) for four mid-life A320s on lease to a Latin American carrier. “We launched the business in October 2023 from scratch and, having completed secondary transactions, have now closed our first primary transaction as we continue to grow our business,” said HCOB Global Aviation head Richard Moody. Moody is an industry specialist with extensive structured finance and capital markets experience. He had joined HCOB from Cranfield Aerospace Solutions where he had served as