17 August 2022
McCann FitzGerald LLP advises SKY Leasing in connection with its acquisition and financing of twelve Boeing 737-8 MAX aircraft
We are pleased to have advised SKY Leasing in connection with its acquisition of twelve (12) Boeing 737-8 MAX aircraft from certain secured financiers. We also advised SKY Leasing in connection with the entry into of a US$300 million acquisition facility with Natixis S.A., New York Branch (as lead structuring agent, underwriter and mandated lead arranger) and MUFG Bank, Ltd. (as co-structuring agent and mandated lead arranger), the proceeds of which were used to part-finance the acquisition of these aircraft. The aircraft were previously on lease to Norwegian Air Shuttle ASA and had been managed by ORIX Aviation Systems Limited since their return.
Hilary Marren and Ronan Murphy advised SKY Leasing in connection with this transaction.