Vedder Price Represents Standard Chartered Bank in $850 Million Aircraft Financing Deal with Qatar Airways
Vedder Price is pleased to announce that its Global Transportation Finance team, led by London Partner Neil Poland, represented Standard Chartered on its US$850 million secured financing with Qatar Airways in respect of seven Boeing 787-9 aircraft. Financial closing occurred on 16 April 2020.
“We are pleased to have partnered with Standard Chartered Bank on this financing during such a unique time for the airline industry as a result of the COVID-19 pandemic,” said Mr. Poland. “This transaction demonstrates the efforts financial institutions have displayed in supporting the airline sector and airline liquidity, and we are glad to have played a part in Standard Chartered Bank’s continued support of Qatar Airways.”
The Vedder Price team also included Kaiden Basi (English law), and Jeff Veber and Nicole Chong (New York law).
Vedder Thinking | News Vedder Price Represents Standard Chartered Bank in $850 Million Aircraft Financing Deal with Qatar Airways
Press Release
April 16, 2020
Vedder Price is pleased to announce that its Global Transportation Finance team, led by London Partner Neil Poland, represented Standard Chartered on its US$850 million secured financing with Qatar Airways in respect of seven Boeing 787-9 aircraft. Financial closing occurred on 16 April 2020.
“We are pleased to have partnered with Standard Chartered Bank on this financing during such a unique time for the airline industry as a result of the COVID-19 pandemic,” said Mr. Poland. “This transaction demonstrates the efforts financial institutions have displayed in supporting the airline sector and airline liquidity, and we are glad to have played a part in Standard Chartered Bank’s continued support of Qatar Airways.”
The Vedder Price team also included Kaiden Basi (English law), and Jeff Veber and Nicole Chong (New York law).
