October 25, 2018

FinTech Global Incorporated provides notice that SGI-Aviation Services B.V. (“SGI”), a subsidiary headquartered in the Netherlands, was involved in the acquisition of a 21-aircraft portfolio by Zephyrus Aviation Capital Limited (“Zephyrus”) and the issue of $336.6 million in asset-backed securities (ABS) to finance the deal. SGI provided transaction analysis and technical advice to Seabury Capital, which served as the investment banking advisor to Zephyrus.
This ABS financing—ZCAP2018-1—was rated A by both S&P Global Ratings and Kroll Bond Rating Agency (“KBRA”). In the KBRA report*, Zephyrus’ aircraft leasing business is described as receiving the benefit of ongoing technical support and market insights from SGI. KBRA also comments that Zephyrus’ relationship with SGI is a credit positive.

* Zephyrus Capital Aviation Partners 2018-1 Ltd New Issue Report by KBRA, published October 9, 2018

Press release from Zephyrus Aviation Capital Limited (external site)