MUFG provides loan facility to BBAM to finance 4 aircraft.
BANKING AND CREDIT NEWS-July 6, 2020-MUFG provides loan facility to BBAM to finance 4 aircraft
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Mitsubishi UFJ Financial Group (MUFG) has announced it served as lead arranging and structuring agent by BBAM Aircraft Leasing and Management to provide a senior secured loan facility for four aircraft on long-term leases to Delta Air Lines, the company said.
BBAM is a provider of asset origination and management services in the aircraft industry and had more than USD 28.9 billion in assets under management as of March 31, 2020. Delta Air Lines is one of the world's largest airlines by revenues and passenger volume.
MUFG is a financial institution with approximately USD 3.1 trillion.
The US operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), is a financial group with...
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