NWS Holdings (0659) announced that its aircraft leasing platform, Goshawk Aviation Limited (“Goshawk”), jointly owned by Chow Tai Fook Enterprises Limited, sold a total of 18 aircraft for the first time through the issuance of asset-backed securities portfolio, raising $643.6 million in the market. (about 5.02 billion Hong Kong dollars). After the release, Goshawk Management (Ireland) Limited will continue to manage the 18 aircraft as a Service and Asset Management Manager.

Under the arrangement, Goshawk sold a total of 18 aircraft, including 16 narrow-body aircraft and one wide-body aircraft, to the newly formed asset-backed securities portfolio entity of Pioneer Aircraft Finance Limited and Pioneer Aircraft Finance LLC (collectively “Pioneer”). A regional airliner. As of March 31, 2019, the 18 aircraft had an average age of 5.3 years and were being leased to 18 different airlines.

The Pioneer asset-backed securities portfolio consists of fixed-rate notes and equity certificates, mostly fixed-rate notes. The fixed rate notes are divided into three series, the yield rate ranges from 4% to 7%, and the term is 7 years. As for the equity certificate, Beach Point Capital Management LP holds 30% of the shares and becomes a basic investor. Goshawk also holds a 10% equity certificate.

Goshawk’s proceeds from the sale of 18 aircraft will be used for general working capital. Mizuho Securities is the exclusive global coordinator of this issue.

Sign Up for Our Newsletters

Get notified of important news and special executive deals.

You May Also Like

Women Leader Forum event – Launching Ceremony of the Top 100 International Outstanding Vietnamese Women Leaders Award the award

The Women Leaders Forum event – Launching Ceremony of Top 100 International…

What is the heavy penalty for Johnson & Johnson to be “Fentanyl” and “He is sprayed”?

Johnson & Johnson was accused of contributing to the addiction of opioids…


Global Women Virtual Fashion Forum and Show is conducted for 8 days…

International Investment Congress Paris 01.10.22

— the 10th event in the sphere of investment, politics, and patronage,…