Goshawk Aviation Limited (“Goshawk”) has completed its second unsecured Schuldschein issuance following its debut issuance in November 2016. Goshawk is the only aircraft leasing company to access the Schuldschein market to date, underlining Goshawk’s reputation as an innovator in the aircraft leasing space.
The issuance has allowed Goshawk to further diversify its funding base following on from the $566.5m US Private Placement in August 2017.
Launched at USD75 million, the issue was oversubscribed and was increased to USD100 million to meet investor demand. The issuance was entirely in the 5-year tranche and proceeds will be used for general corporate purposes. The issue was arranged by Commerzbank and BNP Paribas.
Stephen Murphy, Head of Corporate Finance at Goshawk, commented “We are delighted to have again successfully accessed the Schuldschein market, adding a number of new lenders and further diversifying our unsecured funding sources.”
Goshawk has a committed and managed fleet of 114 aircraft on lease to 41 airlines in 29 countries, bringing the total fleet value to $5.5bn.
Goshawk is pleased to announce the delivery of an Airbus A321 NEO aircraft to VietJet.
This is the first A321 NEO delivery for both Goshawk and VietJet and is the first to deliver in South East Asia. The delivery is the third in a four-aircraft transaction between Goshawk and VietJet, consisting of two A321-200s which delivered in 2017 and one further A321 NEO, to deliver in 2018.
Peter Watson, Chief Commercial Officer at Goshawk commented: ‘We are delighted to build on our strong relationship with Vietjet with the delivery of our first A321 NEO aircraft together. Vietjet is well placed to take advantage of the large demand for air travel in the region and we look forward to further developing our relationship over the coming months and years’.
Goshawk’s committed and managed fleet now stands at 114 aircraft on lease to 41 airlines in 29 countries, bringing the total fleet value to $5.5bn.