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Vedder Thinking | News Vedder Price Represents ITE Management as Anchor Equity Investor in Thunderbolt III ABS

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Vedder Price is pleased to announce that it advised ITE Management as the anchor equity investor in Air Lease Corporation’s Thunderbolt III aircraft asset-backed securitization.

The deal includes a capital markets offering of two series of fixed rate debt notes and equity certificates, the proceeds of which will be used to acquire a portfolio of 19 narrowbody and widebody jet aircraft on lease to 18 lessees based in 15 countries.

Global Transportation Finance Shareholders Jeffrey T. Veber and Michael E. Draz led the team for Vedder Price with support from Capital Markets Shareholder Kevin A. MacLeod, Tax Shareholder Matthew P. Larvick and associates Joel R. Thielen, Amir Heyat and Conor A. Gaughan.



Professionals



Michael E. Draz

Shareholder



Conor A. Gaughan

Associate



Amir Heyat

Associate



Matthew P. Larvick

Shareholder



Kevin A. MacLeod

Shareholder



Joel R. Thielen

Associate



Jeffrey T. Veber

Shareholder