Fly Leasing eyes $1.3bn financing for AirAsia acquisition

Plane 230x150
By John Loh
07 Mar 2018

Dublin, Ireland-based Fly Leasing plans to raise a $1.3bn loan to acquire aircraft assets from budget carrier AirAsia.

BNP Paribas, Citi, Commonwealth Bank of Australia and Deutsche Bank are putting together the financing package. The leads will open the deal into general syndication, but a banker close to the process said the timeline was still fluid.

The tenor and structure of the borrowing are also yet ...

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