Conyers’ Neil Henderson and Alexandra Macdonald acted as Bermuda counsel on a US$650 million asset-backed secured leasing term loan facility, comprised of $557.01 million of Series A loans and $93.335 million of Series B loans. In one of the few leasing asset-backed securitisations to close since the credit crisis and the first in 2013, Conyers acted for the Borrower, AABS Limited, in relation to the financing of an acquisition of 26 tier 1 commercial passenger aircraft from affiliates of GE Capital Aviation Services Limited.
