DVB closes portfolio financing for BOC Aviation

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

BOC Aviation has secured financing for nine aircraft from DVB Merchant Bank Asia (DMBA).

The bank acted as lead arranger and sole lender in the transaction.

The nine aircraft portfolio includes one Airbus A321 and two Embraer 195s, which closed earlier this month. The remaining six aircraft, five A320s and one Boeing 737-700, will close later in the month.

DMBA Reed Smith Richards Butler acted as legal counsel to DMBA.