Virgin Airlines Australia has successfully closed the financing of a spare CFM LEAP-1B25 engine, the first of up to two spare engines under the financing mandate.
Credit Agricole Corporate and Investment Bank (CACIB) acted as mandated lead arranger, whilst also acting as agent and security trustee. International law firm HFW acted as legal counsel advising the finance parties, while Virgin Airlines Australia was advised by Herbert Smith Freehills.
Virgin Australia Airlines closes financing of CFM LEAP-1B25 engine
Virgin Airlines Australia has successfully closed the financing of a spare CFM LEAP-1B25 engine, the first of up to two spare engines under the financing mandate.
Credit Agricole Corporate and Investment Bank (CACIB) acted as mandated lead arranger, whilst also acting as agent and security trustee. International law firm HFW acted as legal counsel advising the finance parties, while Virgin Airlines Australia was advised by Herbert Smith Freehills.