Asset finance in Ireland

A&L Goodbody LLP

A&L Goodbody LLP is recognised for its strong track record in establishing new aircraft leasing platforms in Ireland, as well as advising on asset-backed securitisation structures. The practice is led by Marie O’Brien, who has deep expertise across the acquisition, leasing, financing and trading of a wide range of asset classes, including aircraft, rail assets, machinery and equipment. Séamus Ó Cróinín is particularly noted for his knowledge of cross-border finance arrangements. Also highly regarded is Keith Mulhern, whose practice spans a broad spectrum of asset finance work, from JOLCO structures and capital markets financing to operating leases and export credit agency-backed financings.

Praxisleiter:

Marie O’Brien


Weitere Kernanwälte:

Séamus Ó Cróinín; Keith Mulhern; Maria McElhinney


Referenzen

‚A&L Goodbody has the strongest Asset Finance team in Ireland.‘

‚Seamus O’Croinin is extremely knowledgeable.‘

‚Marie O’Brien – Top-notch. Nobody is better.‘

Kernmandanten

Aergo Capital


Aero Capital Solutions, Inc


Air Lease Corporation


Aircastle


Air T, Inc. (Crestone Air Partners)


Apollo Aviation LP


Merx Aviation Finance


Perseus Aviation Finance


ASL Aviation


Asterion Industrial Partners


Carlyle Aviation Management Limited


Castlelake, L.P


China Aircraft Leasing Company


Citibank, N.A.


Deucalion Aviation


Deutsche Bank


Griffin Global Asset Management


HALO Alpha LP


High Ridge Aviation


ICBC Financial Leasing Company


Irish Continental Group, plc


ITA Airways


KP Aviation


Macquarie AirFinance


Minsheng Financial Leasing


NCB Capital


PIMCO LLC


Sichuan Development Holding


SMBC Aviation Capital Limited


Teneo Restructuring Ireland


Tokyo Century Corporation


Wings Capital Partners


Highlight-Mandate


  • Advised Castlelake on the $5bn sale of its Castlelake Aviation leasing platform to Avolon.
  • Advised joint liquidators (Teneo Restructuring Ireland) in respect of the liquidation of Russian state-owned aircraft and shipping leasing firms, GTLK Europe DAC and GTLK Europe Capital DAC.
  • Advised the noteholders in connection with an enhanced equipment trust certificate (EETC) structured financing by Phoenix Aviation Capital.

Matheson LLP

Matheson LLP is highly regarded for its advice on complex cross-border financing, leasing, commercial debt, and export credit agency-supported transactions. Practice co-head Rory McPhillips is noted for handling all Irish law aspects of multi-jurisdictional financing structures involving globally deployed aircraft and other assets. Fellow co-head Stuart Kennedy has significant experience in structuring aircraft sales, and representing lessors and airlines on leveraged, syndicated and export credit agency-backed facilities. Yvonne McWeeney is also a key contact, with broad experience in sales, financings and leasing structures, and acting for a wide range of lessors and financial institutions.

Praxisleiter:

Rory McPhillips; Stuart Kennedy


Weitere Kernanwälte:

Yvonne McWeeney; Gerry Thornton; Andrew Dixon


Referenzen

‚The Matheson team’s cohesive approach really sets them apart, and their partners and associates work seamlessly to provide a genuinely integrated service across disciplines and are equipped to handle vast complexities. I especially value their responsiveness, consistency of quality, and ability to anticipate issues before they arise.‘

‚Knowledge, responsiveness. Matheson has one of the best Asset Finance practices in Ireland.‘

‚The team are commercial, responsive and supportive. They are my ‚go to‘ firm for aviation matters requiring Irish law support.‘

Kernmandanten

Azorra Aviation


Norwegian Air Shuttle ASA


CDB Aviation


UK Export Finance (UKEF)


CCB Aviation


Aviation Capital Group


AerCap


Castlelake, L.P.


Dubai Aerospace Enterprise (DAE)


Arctic Aviation Assets DAC


Jackson Square Aviation


Tokyo Century


FTAI Aviation


Banco Nacional de Desenvolvimento Econômico e Social (BNDES)


Bank of Communications Financial Leasing Co., Ltd. (BoComm Leasing)


CMB Financial Leasing (CMB Aviation)


Aergo Capital Limited


VivaAerobus


Highlight-Mandate


  • Advised Azorra Aviation in connection with the Term Loan B financing involving (a) a $988m revolving credit facility, (b) a $550m unsecured note issuance, and (c) $464m term loan B facility.
  • Advised FTAI in connection with the establishment of Irish aircraft financing structures under FTAI’s new Strategic Capital initiative in collaboration with third-party institutional investors including its $2.5bn of asset-level debt financing led by global investment firm ATLAS SP Partners.
  • Advised Aquila in connection with the Wafra Inc‘s acquisition of Aquila Air Capital and the related debt financing.

McCann FitzGerald LLP

McCann FitzGerald LLP has extensive expertise across the aviation finance sector, advising on the establishment of aviation platforms in Ireland, aviation M&A, as well as corporate reorganisations and restructurings. The practice is co-led by a wide group of individuals: Laura Deignan, who focuses on aircraft finance and leasing; Colm Fanning, who is closely involved in major infrastructure projects; Joe Fay, who has a focus on banking and asset finance; Richard Gill, who is well-versed in cross-border aircraft portfolio financings; Hilary Marren, with a strong track record in advising prominent lessors, financiers and export credit agencies; Ronan Murphy, who is experienced in representing both purchasers and sellers of commercial aircraft; Georgina O’Riordan, who acts for leading lessors, arrangers and lenders across financing and leasing mandates; and Ian Payne, who covers the full life cycle of aircraft transactions. Also recommended is Kate Clancy, who is noted for her focus on banking, aviation finance and asset leasing matters.

Praxisleiter:

Laura Deignan; Colm Fanning; Joe Fay; Richard Gill; Hilary Marren; Ronan Murphy; Georgina O’Riordan; Ian Payne


Weitere Kernanwälte:

Kate Clancy


Referenzen

‚Strength of Asset Finance Industry experience. Advisers to leading global industry participants.‘

‚Professional, knowledgeable, business-focused associates led by Joe Fay and Hilary Marren.‘

‚The team was excellent throughout – well-coordinated, appropriately resourced, and responsive at every stage.‘

Kernmandanten

AerCap Holdings N.V.


AIP Capital


Aircastle Advisor LLC


BBAM US LP


FPG Amentum Limited


Genesis Aircraft Services Limited


Scandinavian Airline System


Sirius Aviation Capital


Sky Leasing


SMBC Aviation Capital


Abelo Capital Aviation Management Limited


Altavair


Air Lease Corporation


Avia Solutions Group plc


Aviation Capital Group


BOC Aviation


Cavic Aviation Leasing (Ireland) Co. DAC


CDB Aviation Leasing


Crédit Agricole-CIB


Dynam Aviation Ireland Limited


FGL Aircraft Ireland


ITOCHU Corporation


Jetran, LLC


JLPS Ireland Limited


Nordic Aviation Capital


ORIX Aviation Systems Limited


Sato Aviation Ireland Limited


Titan Aviation


UMBF Trust and Agency Services


Viva Aerobus


Highlight-Mandate


  • Advised on AerCap Holdings N.V.’s debt capital markets activity which has issued instruments totalling $4.9bn including its inaugural benchmark Sukuk issuance of $500m, priced at a profit rate of 4.500% with a five-year maturity period.
  • Advised BBAM Aircraft Leasing & Management in connection with the Horizon 2024-1 ABS.
  • Advised AerCap, Aircastle, Genesis Aviation Services Limited, Sirius Aviation Capital, Sky Leasing and SMBC Aviation Capital on their strategic sales and purchases of portfolios of on-lease aircraft assets.

Arthur Cox

Arthur Cox handles the full range of financing and leasing structures, with expertise spanning debt and export finance work, PDP financings, and capital markets products. The practice is led by Ruth Lillis, who has played a central role in several high-profile industry transactions with an Irish dimension. Also key is Fintan Kerins, who has extensive experience advising both domestic and international clients on aircraft leasing, shipping and secured financing matters.

Praxisleiter:

Ruth Lillis


Weitere Kernanwälte:

Fintan Kerins


Referenzen

‚Ruth Lillis – excellent client management and responsiveness.‘

‚Very responsive.‘

Kernmandanten

Ryanair plc


Aer Lingus


AviLease


Aviator Capital


PK Airfinance


Amergin Aviation


Flexam Invest


Rotor Leasing


Apollo Management


Bank of Communications Financial Leasing Co., Ltd


Société Générale


China Merchants Bank


Highlight-Mandate


  • Advised AviLease on the successful raising of a $2.5bn, five-year unsecured term facility.
  • Advised Ryanair plc on the extension and upsize of its existing €750m unsecured revolving credit facility with a syndicate of thirteen banks to a €1.1bn facility.
  • Advised on the financing of HPS Investment Partners, LLC’s acquisition of Chorus Aviation Leasing Inc., Chorus Aviation Investment Holdings L.P., and Chorus Aviation Holdings GP Inc.

Maples Group

Maples Group offers broad expertise across asset acquisitions, fund investments, and equity and debt capital markets work. The practice is led by Mary O’Neill, who is experienced in handling complex transactions such as bond issuances, JOLCO financings, M&A matters, and private equity platform establishments. Stephen Gardiner is a key figure in the team, noted for his asset finance work and for advising aircraft owners, lessors, and airlines on financing and leasing arrangements in Ireland. Eoin O’Leary also plays a central role, with particular expertise in aviation finance and leasing work, including ABS transactions, aircraft funding platform establishments, and sale-and-leaseback structures.

Praxisleiter:

Mary O’Neill


Weitere Kernanwälte:

Stephen Gardiner; Eoin O’Leary


Referenzen

‚Market leader, with a broad depth of market knowledge, and the ability to understand our risk tolerance and sensitivities.‘

‚Highly responsive, and always adding value to solve problems and structural challenges with investments. Attorneys also clearly lay out the issues in concise and clear terms, as well as potential solutions and the risks, if any, with such solutions.‘

‚Maples is well known within the aviation space and regarded as an authority for all things Irish law.‘

Kernmandanten

Acia Aero Leasing


ACS Aero Leasing


AE Industrial Partners


AirAsia


Airbus Financial Services


ALAFCO


Altavair


Avolon


Bain Capital


Bellinger


BOCA


China Aircraft Leasing


China Ex-lm


CMB Financial Leasing (Ireland) Ltd


Cross Ocean


DAE


Deucalion


Deutsche Bank


Falko


Fortress


Griffin


Guggenheim


HPS


ICBC


Investec Bank


ITE Management


JPMorgan


KKR


Lesha Bank LLC


Magnetic Leasing


Marathon


MUFG


Muzinich


Natixis


PIMCO


Qatar National Bank


Santander


Sculptor Capital management Inc.


Sky Leasing


SMBC Aviation Capital


SocGen


ST Aerospace


Stonepeak


TATA


Total Engine Asset Management


Turkish Airlines


UKEF


US Ex-Im Bank


Vistara


volofin


Waterfall


Yulchon


Highlight-Mandate


  • Advised Avolon with respect to all Irish law aspects of Avolon’s $5bn, aircraft portfolio acquisition from Castlelake.
  • Acted as Irish counsel to Sky Leasing and the issuer group on all Irish law aspects of a $569.5m asset backed securitisation (ABS) of a portfolio of 22 Airbus and Boeing aircraft held by Irish entities, valued at $825m approx.
  • Acted as Irish law counsel to Falko Regional Aircraft Limited on its acquisition of a portfolio of 24 Embraer E-Jets from Nordic Aviation Capital (NAC).

Mason Hayes & Curran Professional Services Ltd

Mason Hayes & Curran Professional Services Ltd provides comprehensive advice on aviation financing, covering everything from cross-border structuring and regulatory issues to joint ventures and alternative funding solutions. The practice is headed by David McGovern, who specialises in all areas of aviation asset financing and leasing. Christine O’Donovan is recognised for her focus on international transactions, with expertise spanning corporate lending, acquisition finance, and asset finance. Also key is Andrea Gleasure, who regularly advises financial institutions, aircraft lessors, owners, and private equity groups on a wide range of asset finance transactions.

Praxisleiter:

David McGovern


Weitere Kernanwälte:

Christine O’Donovan; Andrea Gleasure; Jennifer Carey; Thomas Matz


Referenzen

‚Strengths – excellent industry awareness and knowledge. Very responsive. Detailed and practical advice.‘

‚David McGovern – great support on transactions. Practical advice and a very safe pair of hands.‘

‚Thomas Matz – excellent support and advice.‘

Kernmandanten

Shannon Engine Support Limited


Azorra Aviation Holdings LLC


CDB Aviation Lease Finance DAC


CALC Global Leasing Limited


BOC Aviation Limited


LEVL Leasing Limited


Avolon Aeropspace Leasing Limited


Aergo Capital Limited


IAT Leasing Limited


Heston Services Ltd


Highlight-Mandate


  • Advised Shannon Engine Support on a recent series of secured financings with National Westminster Bank PLC (NatWest, as Facility Agent) in connection with the acquisition of multiple CFM aircraft engines.

Walkers

Walkers advises on the full range of asset finance transactions, with particular strength in aviation finance. The team is jointly led by Matt Hedigan, who focuses on syndicated lending matters, PDP financings, aircraft securitisations, and portfolio financings; Killian McSharry, who advises on the financing and leasing of both fixed-wing and rotary aircraft, including cross-border and government-supported transactions; and Donna Ager, who divides her time between London and Ireland, acting for established lessors, banks, and lenders.

Praxisleiter:

Matt Hedigan; Killian McSharry; Donna Ager


Weitere Kernanwälte:

Diana Pacheco


Referenzen

‚Good team that handles matters quickly and is able to manage matters with significant workloads well. Flexible in their approach to working towards solutions in the interest of getting the deal done.‘

‚Diana Pacheco – work-focused but personable.‘

‚Practical, very responsive and helpful team.‘

William Fry LLP

William Fry LLP advises a wide range of clients, including financial institutions, manufacturers, export credit agencies, and public sector bodies, on both domestic and cross-border asset financings. The team’s expertise covers securitisations, joint ventures and fund investment vehicles. Practice head David Maughan is experienced across all aspects of financing transactions, with a particular focus on aviation-related structures. Also recommended is Mary Ward, who acts on a broad spectrum of aviation matters and has represented lessors, lessees and lenders in numerous aircraft transactions.

Praxisleiter:

David Maughan


Weitere Kernanwälte:

Mary Ward


Referenzen

‚The team is professional, efficient, and has a whole picture of the transaction rather than only focusing on Irish legal points. The whole team always respond in a timely manner.‘

‚Mary Ward, who is responsible and not stubborn, has a commercial sense and a whole picture of the transaction.‘

‚Always prompt and pragmatic advice. People are a delight to work with.‘

Kernmandanten

MUFG Bank, Ltd.


Natixis


Credit Agricole Corporate and Investment Banking


ING Bank NV


Bank of Communications Co., Ltd Singapore Branch


Barclays Bank PLC


BNP Paribas, Singapore Branch


KfW IPEX-Bank


Elevate Capital Partners


Highlight-Mandate


  • Advised Natixis on Irish legal and tax matters relating to a secured financing facility for AVIC International and its Irish subsidiaries to acquire a portfolio of aircraft, which are on, or will be placed on, lease with a European Airline.
  • Advised ING Bank N.V. Singapore Branch on the Irish law aspects of a secured financing facility for CCB Financial Leasing and its Irish subsidiaries for a portfolio of aircraft on lease to a European airline.
  • Advised BNP Paribas on the secured financing arrangements of a portfolio of new deliveries for a South Eastern airlines, which is part of a large order book placed by that airline with Airbus.