CA-CIB and DBJ close JOLCO financing for AWAS

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Operating lessor AWAS has closed financing on a new Airbus A320 delivery through a JOLCO structure with two banks.

Credit Agricole CIB and Development Bank of Japan are the lenders in the JOLCO structure while Financial Products Group is the equity provider.

The transaction was arranged by Credit Agricole CIB.

The aircraft (MSN 6060) was delivered new to Aeroflot. It is the eighth A320 that the lessor has delivered to the Russian carrier.