Deucalion Aviation Funds concludes sale-and-leaseback transaction with Cathay Pacific

Deucalion Capital X Limited, an investment fund advised by DVB Bank SE (DVB), has acquired six Rolls-Royce Trent 772 powered A330-300 aircraft from Cathay Pacific Airways Limited and leased them back on long-term leases. The six aircraft entered Cathay Pacific before 2001. GE Japan Corporation has provided senior debt financing. PK AirFinance S.a.r.l. acted as security trustee. SkyWorks Capital Asia Limited acted as an advisor to Cathay Pacific.