Natixis CIB provides delivery Financing to JLPS Ireland Limited
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Natixis CIB is proud to have supported JP Lease Products and Services Co. Ltd & JLPS Ireland Limited in the delivery of two brand new Airbus A321Neo aircraft to Wizz Air.
The Natixis CIB teams in Paris and Tokyo acted as sole Structurer, Fixed Rate Provider, Lender and Agent, to provide the delivery financing under a Japan Operating Lease Structure.
Commenting, Jean Chedeville, Head of Aviation at Natixis CIB, said: “Congratulations to JLPS and Wizz Air for the addition to their fleet. Following the establishment of Natixis CIB’s Tokyo Branch, we are delighted to kick-off our Japanese lending activity with these two solid partners. This is a fantastic milestone for our aviation franchise and beyond”.
On Natixis CIB’s aviation business, he added: “Natixis CIB has long been active in equity and debt transactions in Japan, and we have good understanding and visibility not only of the local market, but of what can be achieved under Japanese legal and tax structures. We look forward to working with JLPS and other clients in the future, to help them realize their ambitions.”
Frederic Mireur, Head of Corporate Finance at JLPS, added “We are very pleased to conclude two Wizz Air A321Neo JOL debt financing with Natixis, widening the JLPS pool of aviation finance partners. We welcome the establishment of the Natixis CIB’s Tokyo Branch and wish Natixis CIB the best with its future Japanese lending activity.”
To find out more about how the Natixis CIB aviation team can support your business, visit: https://home.cib.natixis.com/transport-environment