Canyon is Managing Agent for Thunderbolt II Aircraft Lease Limited (“Thunderbolt II), the third ABS for Air Lease Corporation
1st August, 2018: Canyon Financial Services Limited (“Canyon”) is pleased to announce that we have been appointed as the Managing Agent for Thunderbolt II, the third Asset Backed Securitisation (“ABS”) for Air Lease Corporation. The ABS portfolio consists of 18 assets, containing a mix of 17 narrowbody and 1 widebody jet aircraft, currently on lease to 16 lessees spanning 15 countries.
“We are delighted to be participating in this transaction supporting Air Lease Corporation in this ABS issuance. Our Aircraft ABS division is an important growth sector for us as the market is presently dynamic. This latest ABS demonstrates the commitment of the team at Canyon and our capability to deliver complex transactions”.
David Evans, Managing Director, North America, Canyon
Alongside Canyon in our role of Managing Agent for the transaction, Bank of America Merrill Lynch is the Global Coordinator; Mizuho Securities, Goldman Sachs and Bank of America Merrill Lynch are the Joint Lead Structuring Agents.
Below is the link to the ALC press release containing details of the transaction.