Vedder Price is pleased to announce it represented leading aviation investment manager SKY Leasing in a $569.540 million transaction with a significant focus on both narrowbody aircraft and next generation aircraft.

The transaction includes issuance of secured notes by SLAM 2024-1 Limited and SLAM 2024-1 LLC (“SLAM”). As part of the deal, SLAM expects to use a portion of the proceeds of the Notes to acquire a portfolio of 22 Airbus and Boeing aircraft valued at approximately $825 million. 

“We were happy to represent our SKY Leasing colleagues in this important strategic transaction for them,” said Vedder Price Shareholder Raviv Surpin.  “We believe this investment positions them well for their long term-growth, and we look forward to future collaborations with them as well.”

In addition to Surpin, the Vedder Price Global Transportation Finance team included Shareholders Clay Thomas and Simone Riley.