AerDragon Aviation Partners (AerDragon) has entered into a six-year US$220 million senior secured commercial facility to refinance a portfolio of 10 aircraft.
Crédit Agricole CIB (CA-CIB) and DVB Bank Singapore Branch acted as mandated lead arrangers.
The Korea Development Bank, Landesbank Hessen-Thuringen Girozentrale, Norddeutsche Landesbank Girozentrale Singapore Branch acted as arrangers.
CA-CIB will also act as agent, account bank and security agent.
Clifford Chance acted for AerDragon as legal counsel while Herbert Smith Freehills LLP acted for the financiers.