DVB Bank closes senior loans for AWAS

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

DVB Bank SE closed two senior debt financings of the purchase of two Boeing 737-800s on lease to Virgin Australia and El Al by operating lessor AWAS on 15 November and 5 December, 2012 respectively.

DVB Bank acted as agent and sole financier on both transactions whereas Wells Fargo Bank acted as security trustee.