Business
ATR CEBU COMMERCIAL FINANCING
ATR CEBU COMMERCIAL FINANCING.
About this update from Avation Plc
[{"type":"text","content":"\n \nRNS Number : 3102A Avation PLC 29 May 2019 \n\nAVATION PLC\n(\"Avation\" or \"the Company\")\nATR CEBU COMMERCIAL FINANCING\nAvation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announced on May 24, 2019 that it delivered a new ATR 72-600 turboprop aircraft to Cebu Air, Inc. (\"Cebu Pacific\") at the manufacturer's facility in Toulouse, France. \n \nCrédit Agricole Corporate and Investment Bank (\"CA CIB\") acted as Sole Arranger, Facility Agent and Security Trustee for the commercial financing of this aircraft.\n \nAvation was advised by K & L Gates while CACIB was advised by Clifford Chance.\n \nAvation's Executive Chairman, Jeff Chatfield said: \"We were pleased to enjoy commercial finance for our 46th aircraft.\"\n \nCA CIB's Head of Asian Aviation Group, Laurent Delvart, said: \"We are delighted by this additional cooperation between Avation and CA CIB.\"\n \n \n \n-ENDS-\nEnquiries: \n\n\n\nAvation\nJeff Chatfield, Executive Chairman\n\n\n\n\n\nT: +65 6252 2077\n\n\n\n \nAvation welcomes shareholder questions and comments and advises the email address is: [email protected] \n \nNotes to Editors: \nAvation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. \nMore information on Avation is available at www.avation.net.\n \n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END NRAAPMPTMBJTMPL\n ","length":3883,"tagName":"div"}]