January 2021
volofin announces closing of P2F loan facility for KV Aviation
volofin Capital Management Ltd. (“volofin”) is pleased to announce the completion of a new P2F loan facility involving six 2006 vintage 737-800s for KV Aviation. All six aircraft are subject to long term leases with a leading European cargo airline.
The transaction combines refinancing existing loans with the freight conversion and subsequent operation of each aircraft, and builds upon volofin’s experience of providing innovative and flexible financing solutions for global aircraft lessors, aviation investment firms and airlines.
KV Aviation, founded in 2009, with offices in Dublin, London, Singapore and Sydney, is a specialist in used narrowbody aircraft and engines and has completed over 100 transactions since inception, including the redeployment of assets to more than 30 different clients in over 20 countries. These 737-800BCF aircraft expand upon KV Aviation’s existing experience with narrowbody freighter conversions.
Vedder Price served as counsel for volofin and Allen & Overy LLP represented KV Aviation on this transaction.