Vedder Price advised Credit Suisse, agent for the lender group, in structuring a $725 million warehouse facility for Hong Kong Aviation Capital.

The facility was syndicated to a broad syndicate of global lenders including Credit Suisse AG, Crédit Agricole Corporate and Investment Bank, Royal Bank of Canada, KeyBank National Association, Natixis, Nomura Corporate Funding Americas, First Gulf Bank and EverBank Commercial Finance.

HKAC is expected to use the facility to finance new aircraft deliveries and to refinance existing aircraft. Credit Suisse served as the structuring agent and Credit Suisse, Credit Agricole and RBC Capital Markets served as joint lead arrangers.

“Vedder Price and our Global Transportation Finance team are pleased to have worked with Credit Suisse and the lender syndicate in putting the HKAC warehouse facility in place,” said Jack Bycraft, lead shareholder at Vedder Price. “Our experienced aircraft finance team is delighted to add the HKAC warehouse to the broad portfolio of aircraft warehouse facilities on which Vedder Price advises.”