AeroLogic taps German KG funds for Boeing 777s

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

AeroLogic has tapped the German KG market for the financing of four Boeing 777-200LRF freighter aircraft. The $380 million financing was arranged by DCM Deutsche Capital Management, Calyon and SMBC, which served as mandated lead-arrangers. Deutsche Postbank and West LB acted as senior lead-arrangers. Bayerische and Crédit Industriel et Commercial were the arrangers.

The aircraft will be purchased new from Deucalion Capital VII and are scheduled to be delivered from 2009 to 2010. AerLogic will lease the aircraft for 10 years.

Calyon will also act as agent and security trustee of the commercial debt facilities.