News / Events
July 2017

Stellwagen Finance announced today the closing of a Pre-Delivery Payment (PDP) financing facility for AWAS

Stellwagen Finance announced today the closing of a Pre-Delivery Payment (PDP) financing facility for AWAS relating to five Boeing 737 Max 8 aircraft expected to be delivered to the lessor via a purchase leaseback transaction with one of its valued airline customers. Stellwagen Finance was the sole arranger sourcing funds from institutional investors for the facility. The deal reinforces Stellwagen Finance’s leadership in PDP financing and ability to find new sources of capital having financed $1.2BN of PDPs for lessors and airlines to date. Simon Glass, AWAS CFO, commented “Over the last few years, Stellwagen has arranged a number of innovative non-bank financing solutions for AWAS and this new PDP deal is another great example of how they are able to provide customised structures that support AWAS’s goal to have a diversified financing strategy”. “AWAS’s innovative proposition provided one of...

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Stellwagen Finance announced today the closing of a commercial loan to ALAFCO

Stellwagen Finance announced today the closing of a commercial loan to ALAFCO in the financing of the first of four Airbus A320 NEOs on operating lease to Air India. Stellwagen Finance was the sole arranger sourcing financing from an Asian financial institution as senior lender. Vedder Price (London) acted for the lender. “We are pleased and delighted to have finalized the commercial loan for the financing of four A320 NEOs on operating lease to Air India. The completion of the deal is a direct result of the dedication and efforts of Stellwagen as lead arrangers and ALAFCO, who have worked tirelessly to get this over the line,” commented Adel Al-Banwan, Deputy CEO of ALAFCO “I am proud to have closed this first deal with ALAFCO, one of the major Middle Eastern Lessors. Thanks to a good cooperation with ALAFCO, we...

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STELLWAGEN ISSUES FIRST LOAN TO CALC FOR NEW AIRBUS A321 VALUED AT $116M

Stellwagen Capital’s Asset Under Management reaches almost €1.6 billion Stellwagen Capital’s Asset Under Management reaches almost €1.6 billion Stellwagen Capital, part of the Stellwagen Group, a leading commercial aviation advisory and asset management business, announced today (Tuesday, 18 July 2017), that it has given its first loan from its recently launched Senior Loan investment vehicle (Stelloan Investment Company I DAC). The 10-year loan to CALC is secured against a new Airbus A321 valued at $116 million, at current list prices. The loan has a balloon structure, which makes it a very attractive financing option for leasing companies and airlines as it minimises cash outflows during the tenor of the loan. (more…)

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