Cargolux closed its first JOLCO on a Boeing 747-400 freighter

en

On January 29, Cargolux Airlines International S.A. closed its first Japanese operating lease with call option (JOLCO) transaction for a Boeing 747-400 freighter aircraft

<< Back
30/01/2019 |
  • Cargolux LX-VCA

Crédit Agricole CIB acted as overall arranger, facility agent, and lender, and DVB Bank is co-lender. Allen & Overy acted for Cargolux, while Norton Rose Fulbright acted for the lenders.

The transaction is the first of its kind for Cargolux on the selective Japanese market.

“We are pleased to have been able to close this transaction together with our partners within a very short time period,” says Maxim Straus, Cargolux Executive Vice President & CFO. “It reflects Japanese investors’ confidence in Cargolux and it opens further refinancing opportunities for our company. We see the JOLCO as the perfect complement to our existing finance portfolio.”

Back to top  | << Back

Communiqués liés

H2 truck
16/07/2024 Partenariat

Cargolux and Arthur Welter team up on hydrogenpowered trucki...

Cargolux and Arthur Welter are proud to announce their collaboration on a hydrog...

Cargolux
Cargolux
24/04/2024

Cargolux posts profit for 2023

The Cargolux Group (Cargolux) generated a positive net result for its 2023 finan...

Cargolux
38f6abd2ab21fbc0e14dc0a84769154dc17da597
06/03/2024

Cargolux bans transport of disposable e-cigarettes

Cargolux has decided to ban the transport of disposable electronic cigarettes on...

Cargolux
Aquarius AFF 1

Cargolux launches aerial firefighting unit

Cargolux is pleased to announce that it has launched a new business unit, Aquari...

Cargolux
38f6abd2ab21fbc0e14dc0a84769154dc17da597
06/12/2023

Luxcargo Handling S.A. to take over Luxair’s Ramp and Carg...

Cargolux is pleased to announce that its wholly owned subsidiary, Luxcargo Handl...

Cargolux
38f6abd2ab21fbc0e14dc0a84769154dc17da597
16/09/2023

CWA update – an agreement has been reached

Cargolux, LCGB and OGBL are pleased to announce that an agreement has been reach...

Cargolux

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more