Burnham Sterling closes US$153m private placement with Avianca

Burnham Sterling Securities, an investment bank specializing in transportation asset finance, has acted as lead arranger and sole book runner in a privately placed transaction for Avianca, Colombia’s national airline, covering two A320 family and one Boeing 787 aircraft. The transaction, which utilized an Enhanced Aviation Investment Vehicle private EETC Structure (“EAIV”), developed by Burnham Sterling, closed in November and December of 2014.