Doric purchases two A330s for aviation portfolio

Doric has added a further two Airbus A330s to its portfolio. These aircraft, on long-term leases to Asiana Airlines and Hawaiian Airlines, were purchased as a part of a portfolio for the Floreat Fixed Income SA. Doric, as arranger and asset manager, is also responsible for accounting-related services for the Floreat aviation portfolio, and has added both A330s to its asset management portfolio. These aircraft were financed with debt and through the issuance of tradeable notes, with an overall issuance volume of US$132m. The notes were seeded by Floreat Group, originated and structured by Floreat Capital Markets and placed via Floreat Merchant Banking to their private and institutional clients. They have been listed since December 22, 2016 on the Euro MTF of the Luxembourg Stock Exchange.