Milbank

Recent highlights for Milbank‘s aviation team include advising on complex acquisition and warehouse financings, secured portfolio financings, asset-backed securities (ABS), enhanced equipment trust certificates (EETCs), and  loyalty program financings. Other areas of expertise range from private placements, structured finance, Aircraft Finance Insurance Consortium financings and Export Credit Agency-related work, to aviation-related M&A, IPOs, joint ventures, and aircraft portfolio acquisitions and disposals. The New York-based practice is co-led by Drew Fine, who has substantial experience in EETCs, financings, ABS, restructurings, and aviation M&A; and Alexandra Johnson, who regularly represents underwriters, lenders, issuers, borrowers, lessors, credit insurers and other equity and debt investors on high-end aviation financings. Fine and Johnson recently acted for the lenders in Griffin Global Asset Management’s and Palisade Aviation Holdings Warehouse’s upsize of their senior secured warehouse facility to $2bn. Johnson also led advice to the lenders and lead arranger on a $400m  term loan to BG Beta I for the purchase of seventeen Rolls Royce engines. Providing key support, Jim Pascale represents banks, leasing companies, airlines, lenders, equity participants and hedge funds on a range of aviation deals; and Freyda Mechlowicz routinely advises on large financing facilities for aircraft leasing companies and financial institutions.