Natixis CIB Provides Phoenix Aviation Capital and AIP Capital with Financing for ten CFM Leap 1B engines
Natixis Corporate & Investment Banking ("Natixis CIB") is pleased to support Phoenix Aviation Capital (“Phoenix”) and AIP Capital (“AIP”) with the financing of ten (10) CFM LEAP 1B aircraft engines delivering in Q4 2024.
Phoenix is a full-service lessor focused on financing and leasing modern, in-demand aircraft and engines across the globe. Phoenix is based in Dublin and is managed by AIP, a global aviation asset management and investment firm.
This transaction includes ten (10) CFM LEAP 1B engines newly delivered in 4Q 2024 from CFM International to Phoenix, serviced by AIP, and leased to a leading maintenance and repair operator (“MRO”). On the financing side, Natixis CIB acted as Mandated Loan Arranger and Underwriter, Agent and Hedge Counterparty, alongside Bayerische Landesbank (“BayernLB”), Hamburg Commercial Bank AG (“HCOB”) and KeyBank N.A. (“KeyBank”) as Mandated Lead Arrangers.
Commenting, Alain Rousseau, Head of Aviation Finance EMEA at Natixis CIB, said:
We are extremely pleased to support Phoenix and AIP with this transaction. This is a great milestone for our aviation franchise into engine financing, and our first transaction with Phoenix and AIP. We look forward to further expanding our relationship with them going forward.
Mathew Adamo, Managing Partner at AIP, who serves on Phoenix’s Board commented,
This transaction reflects a milestone in both AIP Capital’s and Phoenix’s growth strategy as Phoenix continues to grow its portfolio of next-generation assets. We are excited to further expand our relationship with Natixis, CFM and all of the counterparties involved.
