Walkers acted as Cayman Islands counsel to Apollo Aviation Group as it priced its third aircraft securitization: Apollo Aviation Securitization Equity Trust 2016-2. AASET 2016-2 will borrow $640 million of asset backed secured term loans that will be used to acquire a fleet of 35 aircraft.
Walkers was instructed by Milbank, Tweed, Hadley & McCloy and was led by partner James Burch and assisted by associate Joanne Ziegler.
