Apr 2026
Conyers advised Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, in connection with its US$455 million new unsecured dual tranche revolving credit facility (the “Facility”) with a syndicate of five banks based primarily in the Middle East.
The Facility will contain a conventional and an Islamic tranche, with a five-year tenor.
Emirates NBD Capital Limited acted as coordinator, initial mandated lead arranger, and bookrunner on the transaction alongside Dubai Islamic Bank as senior Islamic mandated lead arranger, Standard Chartered Bank as mandated lead arranger, Emirates Islamic Bank and Al Ahli Bank of Kuwait as lead arrangers, and Sharjah Islamic Bank as arranger. Avolon has raised US$2.5 billion in new unsecured facilities in 2026 following the closing of this Facility.
Director Jason Piney and Associate Celine Collis of Conyers’ Bermuda office advised on the matter.