Novus Aviation Capital mandated the financing of its newly acquired Airbus A330-300 aircraft to a syndicate of banks.
French banks BNP Paribas, Natixis and German financier DVB Bank are the arrangers of a commercial loan covering the aircraft, MSN 1470, which was acquired under a sale and leaseback transaction with Malaysia Airlines.
The three banks are co-mandated lead arrangers and senior lenders, with DVB Bank the agent in the transaction.
The equity provider is one of Novus's institutional partners.
The transaction marks the second time Novus Aviation acquires a new A330 under a purchase and leaseback agreement with Malaysia Airlines. It acquired with First Energy Bank an A330-300 in January 2012 under a 12-year operating lease deal.
Nord/LB provided a non-recourse debt facility covering the lease.