Cargolux Airlines International S.A. closed its fourth Japanese operating lease with call option (JOLCO) transaction, refinancing a Boeing 747-8 freighter aircraft, demonstrating the availability of competitive financing for attractive credits. Crédit Agricole CIB acted as overall arranger, facility agent, and, together with CIC, mandated lead arranger and lender. Allen & Overy and Fieldfisher acted for Cargolux, while Norton Rose Fulbright acted for the lenders.
JOLCO For Cargolux
Cargolux Airlines International S.A. closed its fourth Japanese operating lease with call option (JOLCO) transaction, refinancing a Boeing 747-8 freighter aircraft, demonstrating the availability of competitive financing for attractive credits. Crédit Agricole CIB acted as overall arranger, facility agent, and, together with CIC, mandated lead arranger and lender. Allen & Overy and Fieldfisher acted for Cargolux, while Norton Rose Fulbright acted for the lenders.