The law firm-led professional services business was counsel for AviLease in a $2.1bn bridge financing deal for its $3.6bn purchase of Dublin-based Pembroke Aircraft Leasing.
Saudi Aircraft lessor AviLease was founded in 2022 and is owned by the Kingdom’s Public Investment Fund.
The acquisition includes AviLease’s Isle of Man, Ireland and China subsidiaries and as part of the transaction, AviLease will also acquire a portfolio of 100 aircraft and become servicer for a further 22 aircraft.
Partner Danielle Roman (pictured) from Mourant’s Banking and Finance practice in Hong Kong led the deal.
“We are thrilled to have represented AviLease in this landmark acquisition. The successful completion underscores our firm’s particular expertise in the complexities of banking and finance law within the aviation space. AviLease is making a significant impact and has ambitious plans for growth which we have no doubt it will achieve, and we look forward to collaborating again in the future.
“Thanks also to the teams at Arthur Cox and Allen & Overy for their hard work and expertise as onshore counsel on this transaction.”