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.