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DVB busy leading up to 2010

07 January 2010

DVB bank closed a number of transactions in December, including the sale of two Boeing 777Fs. The bank is open for business in the coming year.

Read more: Engine Lease Finance Deucalion and Mitsubishi Corporation Engine Leasing DVB Engine Lease Finance KG Funds 777 Cargolux

Engine Lease Finance sold four spare engines to a joint venture between Deucalion and Mitsubishi Corporation, Deucalion and Mitsubishi Corporation Engine Leasing, in December. 

 

DVB and Mitsubishi UK provided the senior loan, with both banks contributing 50%. The equity was provided by Deucalion (50%), Mitsubishi (40%) and Engine Lease Finance (10%).


Another three engines are scheduled to deliver during the first two weeks of January.

 

DVB also closed a refinancing...


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