Milbank has advised SMBC Aviation Capital (SMBC AC) on its purchase of Goshawk Management Limited and its subsidiaries and associated assets from NWS Holdings Limited and Chow Tai Fook Enterprises Limited for an enterprise value of USD6.7 billion.
As part of this transaction SMBC AC will acquire a portfolio of 176 owned and managed aircraft. The combined business will have a portfolio of 709 owned and managed aircraft and an additional $13 billion of orders from Airbus and Boeing. The combined business will be the second largest leasing company (by number of aircraft) globally.
