Credit Agricole CIB finances A320 for HKAC

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Credit Agricole CIB has closed the financing of one Airbus A320 for Hong Kong Aviation Capital (HKAC) on lease to Jetstar Japan.

The aircraft was delivered from Airbus in December 2013 and refinanced by way of a senior commercial loan facility underwritten and provided by Credit Agricole CIB.

The French bank is acting as facility agent and security trustee in the transaction.

This transaction is the first financing arranged by Credit Agricole CIB for the Hong Kong-based operating lessor.