Cargolux closes JOLCO financing arranged by DVB Bank and JP Lease

Cargolux Airlines International S.A. has closed a Japanese operating lease with call option (JOLCO) transaction for a Boeing 747-400ERF freighter aircraft.

The aircraft financing was arranged by DVB Bank SE, London Branch (DVB) and JP Lease Products & Services Co., Ltd (JP Lease).  DVB Bank provided the debt while the equity was arranged and underwritten by JP Lease.

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