Europe

CA-CIB closes JOLCO for Jetstar

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CA-CIB closes JOLCO for Jetstar

On October 7 Crédit Agricole CIB closed the commercial financing, under a Japanese Operating Lease Structure with Call Option (JOLCO), of Qantas Group’s first Boeing 787-8, which will be operated by Jetstar Airways. CA-CIB acted as JOLCO Arranger, Global Coordinator, Facility Agent and Security Trustee. This was the fourth JOLCO financing structured and arranged for Qantas by CA CIB in 2013.