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Equity Deal of the Year 2011

17 April 2012

Avolon

Read more: Deals of the Year 2011

Avolon's ability to get a $300 million equity commitment from GIC makes raising equity look easy. But it was not always smooth sailing.

"We wanted to get to a $1.4 billion equity commitment," says Domhnal Slattery, chief executive officer, Avolon. "This was the last tranche to reach that goal." The company's original shareholders are Cinven, CVC Capital Partners and Oak Hill Capital Partners.

Though a group of potential investors had been identified at the time of valuation...


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Atlas Air / 05-13 / Ex-Im Guaranteed Bond / 1x747 23/05/2013
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SA Airlink / 05-13 / Airc. Secured Loan / 5xAirc 23/05/2013
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Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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