3 July 2019

McCann FitzGerald advises BBAM Aviation Services in connection with the Horizon II Asset Backed Securitisation involving 20 Aircraft

Following on from the Horizon I ABS deal which closed in Q4 2018, we also advised BBAM Aviation Services on the Horizon II ABS involving 20 BBAM managed aircraft. The US$485 million Horizon Aircraft Finance II ABS is backed by a portfolio of 20 narrow-body aircraft with an initial assessed value of approximately US$570 million.

The proceeds from the notes sale will be used to acquire the aircraft, on lease to 16 airlines in 13 countries.

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