News / Events
2017

Stellwagen Group Strengthens Executive Leadership Team With Two New Appointments

ECN Capital and Credit Suisse Veteran Scott Corman to Serve as Chief Executive Officer of Stellwagen Capital  Long-Time Digicel Group Executive and Growth Expert David Butler to Join as Chief Operating Officer of Stellwagen Group  Appointments Signal Sustained Commitment to Successful Capital Raising Initiatives, Lessor Community Partnerships and Operational Excellence  STAMFORD, CONN. AND DUBLIN, IRELAND – The Stellwagen Group (the “Group”), the global aviation industry’s leading provider of fully-integrated asset management, technical management and fleet and capital financing solutions, today announced the appointment of Scott Corman to the role of Chief Executive Officer of Stellwagen Capital Limited (“StellCap”) effectively immediately, and David Butler to the role of Chief Operating Officer of the Group, effective October 1, 2017. “We are extremely excited to assign Scott new leadership responsibilities and add David to the team at a time when the aviation sector’s demand for innovative...

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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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