Aircraft Leasing & Other ABS Transaction Services
The team at Canyon CTS has broad-based experience in working with lessors, lessees, borrowers and lenders, along with equity investors in a variety of structured finance deals involving a wide range of assets.
We have delivered solutions in Ireland in connection with various US private equity backed investments into Europe, including hub structures and bankruptcy-remote loan structures relating to portfolios of big ticket transportation assets, aviation assets and commercial aircraft.
As well as our general services, we additionally provide the securitisation specific services:
Cash Waterfall and Cash Management
- Calculate certain payments and other calculations required by operative agreements
- Prepare and distribute reports to investors
- Direct withdrawals and transfers from the various bank accounts
- Direct the investment of funds in permitted investments and on permitted terms
- Oversee the operation of cash collateral accounts and any eligible credit facilities
- Perform accounts payable functions
- Apply cash receipts
Administration and General Services
- Monitor and report on the performance of service providers’ compliance with operative agreements
- Act as liaison with various rating agencies to assess impact of management decisions on the ratings of securities
- Coordinate any necessary amendments to operative agreements
- Supervise outside counsel and other professional advisors at the direction of the Board
- Prepare and coordinate reports to investors
- Coordinate board meetings, distribute board papers, and draft minutes and resolutions
- Procure and renew directors and officers insurance policies