Burnham Sterling, a financial advisory firm specializing in large asset financing, has acted as exclusive financial advisor and placement agent to Hawaiian Airlines for the Japanese yen (JPY)-denominated financings of four Airbus A330 and two A321neo aircraft.
“Burnham Sterling helped us execute this very innovative financing with a fixed coupon well under 1.0%,” said Shannon Okinaka, Chief Financial Officer at Hawaiian Airlines. “This financing solution has been a win-win for Hawaiian, as it serves the dual purpose of providing a natural hedge to our growing JPY revenues while lowering our all-in financing cost. Most importantly, we were introduced to eight new investors in the Japanese market by the Burnham team, which all took place in the transaction.”
