Crédit Agricole CIB (CA-CIB) and HSBC closed the financing for the second Airbus A380-800 for Qatar Airways, which was delivered on 10 November in Hamburg. The financing was structured as a French lease with CA-CIB acting as arranger, equity provider, security trustee and facility agent. Both CACIB and HSBC acted as Debt Arrangers. The banks were advised by Norton Rose Paris, while Qatar Airways was advised by Dentons in London. The aircraft (MSN 143) is the second of the airline`s ten A380 on order. The first A380 (msn 137) of Qatar Airways was successfully delivered on 16 September 2014 and was financed similarly by way of French Lease arranged by CACIB and where CACIB and KfW Ipex-Bank acted as Debt Arrangers.
Qatar closes second French lease
Crédit Agricole CIB (CA-CIB) and HSBC closed the financing for the second Airbus A380-800 for Qatar Airways, which was delivered on 10 November in Hamburg. The financing was structured as a French lease with CA-CIB acting as arranger, equity provider, security trustee and facility agent. Both CACIB and HSBC acted as Debt Arrangers. The banks were advised by Norton Rose Paris, while Qatar Airways was advised by Dentons in London. The aircraft (MSN 143) is the second of the airline`s ten A380 on order. The first A380 (msn 137) of Qatar Airways was successfully delivered on 16 September 2014 and was financed similarly by way of French Lease arranged by CACIB and where CACIB and KfW Ipex-Bank acted as Debt Arrangers.