Emirates has mandated HSBC to support the acquisition of four A350-900 aircraft.
This marks HSBC's first commercial financing of an A350 aircraft for the airline and supports its return to the JOLCO market.
“This transaction showcases HSBC’s global aviation finance capabilities,” said Xavier Million, director, head of aviation finance Europe & Middle East, HSBC.“This landmark transaction showcases HSBC’s global aviation finance capabilities and our ability to structure sophisticated financing solutions that support our client’s strategic ambition to expand its connectivity and reach,” said Xavier Million, director, head of aviation finance Europe & Middle East, HSBC. “We leveraged our deep sector expertise and global network to deliver a seamless execution for Emirates.”
HSBC will act as the sole senior arranger, original lender, and agent for the senior secured debt.