Ethiopian closes Jolco for A350 | News | Airfinance Journal

Ethiopian closes Jolco for A350

Ethiopian Airlines has closed a Japanese operating lease with call option (Jolco) financing for an Airbus A350-900 that was delivered on 18 May.

Crédit Agricole CIB (CA-CIB) acted as overall arranger and facility agent.

BRED Banque Populaire, CA-CIB and PK AirFinance were co-lenders.

PK AirFinance acted as security trustee.

Pillsbury Winthrop Shaw Pittman acted for the airline, while Norton Rose Fulbright acted for the lenders.

The airline did not respond to a request for comment when contacted by Airfinance Journal.

Transaction SnapshotEthiopian | 11-10 | Ex-Im Guaranteed loan | 1x777-200LR

Stage:
Financial close
Financial Close:
01/11/2010
Type:
Loans
Value:
$680.00m USD
Full Details

Transaction SnapshotEthiopian Airlines | Jolco | 05-18 | 1xA350-900

Financial Close:
18/05/2018
Full Details

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