MUFG Assists BBAM in Financing Four Aircraft Leased to Delta Air Lines
JUL 2, 2020 - 6:31 am
Mitsubishi UFJ Financial Group (MUFG) was mandated as a lead arranger and structuring agent by BBAM Aircraft Leasing and Management to provide financing for four aircraft on long-term leases to Delta Air Lines.
As part of the transaction, MUFG is providing a senior secured term loan facility for a portion of BBAM’s managed fleet.
“We are pleased to assist BBAM in financing a portfolio that includes three Airbus A321-200 airliners and one Boeing B737-900ER airliner,” Olivier Trauchessec, managing director and global head of origination and structured solutions for aviation at MUFG, said.
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