Minsheng Financial Leasing closed seven aircraft portfolio financing aircraft with DVB as arranger

Minsheng Financial Leasing has announced the closing of a seven aircraft financing facility led by DVB. The aircraft portfolio consists of three A320-200s and four 737-800s on long-term operating leases to airlines from Turkey, Spain, China and Indonesia. DVB is the Arranger, Security Trustee and Facility Agent and also the Original Lender alongside Helaba (Landesbank Hessen-Thüringen Girozentrale), ICBC (Asia) and Korea Development Bank. Berwin Leighton Paisner was the Borrower’s counsel for this transaction while Norton Rose Fulbright acted for the Lenders. This deal refinanced five aircraft solely underwritten by DVB on a bridge loan and also marks Minsheng Financial Leasing’s largest offshore portfolio financing across various lessees and jurisdictions.”