Vedder Price

Vedder Thinking | News Vedder Price Represents GA Telesis LLC in Proposed Equity Financing

Press Release

Vedder Price represented GA Telesis LLC (“GAT”) in connection with its proposed equity financing with Century Tokyo Leasing for the purchase of preferred equity in GAT (the “Equity Financing”). It is the latest move for GAT that has been actively expanding with several recent deals, including: closing on a new syndicated $100 million credit facility; forming Beijing Ji-An, a 50/50 joint venture with Air China; and announcing that it had signed labor agreements with the unions representing Finnair Engines Services employees that will become part of the newly formed GA Telesis Engines Services division, allowing GAT to finalize the transition and conclude the transaction previously announced.

The Equity Financing with Century Tokyo Leasing will allow GA Telesis to make substantial investments in the areas of strategic mergers and acquisitions, aircraft and engine leasing, inventory and supply-chain finance as well as other new initiatives and is anticipated to close by the end of 2012.

The team was led by Global Transportation Finance and Tax Shareholder Tim O'Donnell and Corporate Shareholder Joseph Kye.



Professionals



Joseph H. Kye

Shareholder