Hamburg Commercial Bank’s global aviation division has provided a structured portfolio financing to Pulsar Aero Global, an investment and asset manager of commercial aircraft and engines, for the acquisition of five aircraft.
The mid-life narrowbody aircraft, three 737-800s, one A321-200 and one A320-200 are leased for up to five years to operators in Latin America, Asia and Europe.
“We are delighted to support Pulsar Aero Global on this acquisition with a structured financing to support its active asset management approach,” said Debbie Frew, managing director at HCOB Global Aviation.
Frew emphasised that the deal is a successful step in the company’s overall growth strategy.