Canyon is Managing Agent for Vx Capital Partners, LLC (Vx Cargo 2018-1 Trust) ABS

December, 2018: Canyon Financial Services Limited (“Canyon”) is pleased to announce that we have been appointed as the Managing Agent for Vx Capital Partners, LLC (Vx Cargo 2018- 1 Trust) Asset Backed Securitisation (“ABS”) of $189 million secured loans to finance the acquisition of a portfolio of freighter aircraft.

The ABS portfolio consists of 35 freighter aircraft, containing a mix of narrow body aircraft, with 32 currently on lease to 12 lessees located in 10 countries.

Alongside Canyon in our role of Managing Agent for the transaction, BNP Paribas is the Sole Structuring Agent and Lead Arranger, UMB Bank is the Trustee and DVB Bank is providing the Liquidity Facility.