Vedder Thinking | News Global Transportation Finance Team Recognized by Airfinance Journal in 2016 Deals of the Year
April 21, 2017
The Vedder Price Global Transportation Finance team was honored by Airfinance Journal for its role in two 2016 “Deals of the Year.” Each year, Airfinance Journal recognizes aviation transactions that stand out in terms of innovation, size, timing, pricing and whether the deal creates a new market standard.
Vedder Price was recognized in the following categories:
- Tax Lease Deal of the Year – Vedder Price represented Natixis, as lead arranger and swap provider, and the other finance parties in a Japanese Operating Lease with Call Option (JOLCO) transaction for the financing of 787-9 aircraft on lease to Aeromexico. This transaction was unique as a fixed rate financing for a North American operator. This was Aeromexico’s first financing in the Asia Pacific region, thus allowing the airline to diversify its sources of funding. Shareholders Cameron Gee and Matthew Larvick were the lead attorneys on the matter, supported by Associate Andrew Ceppos.
- Editor’s Deal of the Year – Vedder Price was also recognized for its role in the Labrador Aviation Finance Asset Backed Securitization (ABS). The firm served as counsel to Korea Investment Management Co. and Meritz Securities USA, Inc. in this groundbreaking ABS transaction, which marked the first time equity securities in an aircraft ABS structure were sold into the Korean markets. Attorneys involved in the transaction were Shareholders Geoffrey Kass, Theresa Peyton, Peter Wynacht, Mark Ditto and Associate Daniel Cunix.
With over 70 professionals in Chicago, New York, Washington, DC, London, San Francisco, Los Angeles and Singapore, the Global Transportation Finance team of Vedder Price is one of the largest, most experienced and best recognized transportation finance practices in the world.