Ireland-based international aircraft leasing company GTLK Europe refinanced debt in the amount of 340 million USD, secured by a portfolio of 14 aircraft. The portfolio includes 5 Airbus A321-200s, 6 Boeing 737-800 and 3 Airbus A319s leased to Aeroflot, Globus, Germania and Bulgarian Eagle airlines.
PK AirFinance, a member of the GECAS group, was appointed lead transaction organizer and provided funding along with Credit Agricole CIB, acting as co-organizer for the provision of loans secured by PJSC Aeroflot aircraft. PK AirFinance also acted as an agent and trustee for collateral rights in a transaction.
“PK AirFinance prepared tailor-made solutions for GTLK Europe based on our requirements. The toolkit proposed by PK AirFinance will contribute to the development of our company’s business”, said Roman Lyadov, General Director of GTLK Europe.
“We are pleased to have established partnerships with GLTK Europe, and we hope that we will continue to have mutually beneficial cooperation in the future”, commented Paul Meyers, President of PK AirFinance.
GTLK Europe is an Ireland-based international company, engaged in leasing and trading of a wide range of air and sea vehicles. The company’s main activity includes leasing, trading, remarketing, asset management as well as consulting on commercial aircraft and ship transactions.
