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Ogier advises bank on financing for airline acquisition


18 February 2019

Cayman Islands


Ogier acted as Cayman Islands' lender counsel on the £60 million financing arrangements in connection with the acquisition of a regional airline carrier by a consortium

Ogier advised on all Cayman aspects of this deal, including the facility agreement together with all the asset Cayman debentures and guarantees and security over shares in the Cayman entities. The security structure involved both first and second ranking security and we issued legal opinions on the transaction documents.

The team was led by partner Mark Santangeli and included partner Angus Davison and senior associate Tommy Tuohy who provided the Banking and Finance expertise to advise the transaction participants as a whole in order to close the cross-jurisdiction transaction efficiently.


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