China Aircraft Leasing has closed the JOLCO financing of an Airbus A320.

French bank Credit Agricole says it acted as overall arranger and co-ordinator as well as facility agent for the Japanese operating lease with call option.

Asset Brok'Air is arranging the equity tranche, while Wells Fargo is security trustee.

CALC was advised by Watson Farley & Williams, and the Japanese parties by K&L Gates.

The lenders were advised by Clifford Chance, and Wells Fargo by Allen & Overy.

MSN 7624 is on lease to Thai AirAsia. Flight Fleets Analyzer indicates that the 2017-built narowbody is from CALC's orderbook.

Source: Cirium Dashboard