DVB Refinances Asiana's A320s

DVB Bank has closed refinancing for two of Asiana Airlines' A320 aircraft. The German bank worked with Hong Kong Aviation Capital (HKAC) to close the commercial financing facility last month. The deal covers two 2006-vintage A320 aircraft. DVB acted as arranger, agent and underwriter in this facility. HKAC currently has a portfolio of over 70 aircraft on lease and in June the lessor signed an MOU with Airbus for the purchase of 60 A320/A321neo aircraft.

 

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