The Alta Group Forms Asia Pacific Consultancy; Pang to Lead

The Alta Group expanded with the creation of The Alta Group Asia Pacific Region. The new branch is based in Hong Kong and serves the broader Asia Pacific equipment leasing and asset finance market. read more

Reuters: Bank of China Votes to ‘Spin Off’ Aviation Leasing Division

According to Reuters, citing a statement made to the Shanghai Stock Exchange, Bank of China has voted to spin off its aviation leasing unit in a Hong Kong share sale. read more

Volvo Group Launches Captive Financing Unit in India

According to the Business Standard, an English language newspaper in India, Volvo Group launched a captive financing arm in the country. read more

ING Provides $39.7MM Term Loan to Diana Shipping

Diana Shipping said it signed a $39.68 million term loan facility with ING Bank to finance the acquisition of two dry bulk vessels. read more

Air Lease Places ATR 72-600 with LIAT

Air Lease announced the placement of one new ATR 72-600 aircraft on long term lease with Antigua-based LIAT (Leeward Islands Air Transport). The aircraft is from ALC’s order book with ATR and is scheduled to deliver in the third quarter of 2016. read more

Two Chinese Firms in Fight for AWAS Aviation Capital

According to China Daily, ICBC Leasing and Aviation Industry Corp of China have expressed interest in purchasing AWAS Aviation Capital, a Dublin-based aircraft leasing company. read more

Boeing to Sell 300 Airplanes to China

In the same week it hosted Chinese president Xi Jinping, Boeing signed a general terms agreement related to the purchase of 300 airplanes by China Aviation Supplies Holding Company. read more

Air Lease Signs Agreement for Two Boeings with Siam Air Transport

Air Lease entered into lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. The aircraft will be delivered in the fourth quarter of 2015. read more

Reuters: Boeing to Sell 300 Jets to Three Chinese Companies

Citing the Xinhua news agency, Reuters reported that Boeing has signed deals to sell 300 aircraft to a trio of Chinese firms and set up an aircraft plant in China. read more

EIB Backs Rabobank, DLL To Help Dutch SMEs

The European Investment Bank (EIB) signed an agreement with Rabobank and DLL to further support Dutch SMEs and mid-caps, with a credit facility aggregating €400 million ($446 million) to be made available for Dutch companies. read more

CEXIM Provides Seaspan $1B in Ship Construction Financing

Containership lessor Seaspan said it has signed an agreement with the Export-Import Bank of China for up to $1 billion in credit facilities for the purchase and construction of vessels from shipyards in China. read more

Chinese Leasing Company Acquires 100 Airbus Helicopters

CM International Financial Leasing said it will acquire 100 Airbus helicopters Ecureuil-series rotorcraft over five years with the initial order of 10 units to be delivered in 2016. read more

WSJ: EU to Approve $17B Buy of Alstom by GE

According to the Wall Street Journal, the European Union will approve GE’s $17 billion acquisition of Alstom SA’s power business. read more

Japanese Banks Bid on GE’s Local Commercial Finance Operations

The Wall Street Journal reported several Japanese megabanks submitted nonbinding bids for GE's Japanese commercial finance operations, which are expected to several billion dollars. read more

ST Engineering Aerospace Reorganizes Aircraft Leasing Business

The joint venture agreement between ST Aerospace, a subsidiary of ST Engineering, and Wings Capital Partners Holdings has been terminated. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.