Avation €20 million green commercial aircraft financing

7/1/2020
Financing

€ 20 million

$ 22.307 million

Completed

7/1/2020


Overview:

  • Commercial passenger aircraft leasing company Avation has obtained a €20 million 10-year green loan from Deutsche Bank to finance the purchase of an ATR 72-600 plane.
  • This marks the first-ever green financing of commercial aircraft.
  • Avation has also obtained financing from Deutsche Bank to finance the purchase of two more low-carbon emission ATR 72-600 aircraft.

Shah Shameer Ahmed - Researcher

Jurisdiction:

Singapore

Deal type:

Financing

Practice area:

Banking

Industry sector:

Aviation


Firm:

Party: Avation (Borrower)

Lawyer: Ahmad Khalis