Amedeo acquires first A380 on balance sheet

Amedeo announced the acquisition of its first owned A380. The aircraft bearing Manufacturer’s Serial Number (MSN) 157 was delivered to Emirates as part of a sale and leaseback transaction on 4th September at the Airbus Delivery Centre in Hamburg and was placed on a 12-year operating lease. The financing was a combination of senior and junior loans provided by a bank syndicate, including Commercial Bank International, Qatar National Bank (QNB), Sumitomo Mitsui Trust Bank and Westpac Banking Corporation (Westpac). Westpac acted as the Senior Agent and the Security Trustee and QNB acted as the Junior Agent.