BNP Paribas

January 26, 2010 14:30 ET

BNP Paribas Corporate and Investment Banking Has Stellar Year in Aviation Finance

NEW YORK, NY--(Marketwire - January 26, 2010) - BNP Paribas CIB is pleased to announce it has enjoyed a tremendously successful year in 2009 in its Aviation Finance business. The Bank has arranged structures covering nearly the entire spectrum of aircraft financing products and topped two league tables for the Aviation Industry, as well as winning numerous industry awards including Jane's Transport Finance magazine's 'Aircraft Finance House of the Year'. Despite the current difficult market environment, the bank has confirmed its strong and unique commitment to the aviation industry.

Our Aviation Finance team is active in all regions of the globe and finances a variety of diverse aircraft for a wide range of clients. The group holds a dominant position in the Export Finance and commercial loan markets with a unique capability to arrange, syndicate or participate in facilities on behalf of airlines and leasing companies. BNP Paribas has arranged a very large number of innovative and tailor-made solutions by successfully combining efficient and flexible structures and competitive financing while meeting client and jurisdiction requirements.

The group was involved as arranger, underwriter or participant in close to 40 transactions on behalf of its aviation clients in 2009. They have financed 217 aircraft or engines assets and $8 Billion of new financing on behalf of airlines and aircraft leasing companies throughout the world. Clearly BNP Paribas is a leading player in this field with a unique capability to arrange aircraft finance transactions and assemble pools of banks to meet client requirements.

Commenting on this past year's successes, Eric Eugene, Global Head of Transportation Group, said, "2009 has been a great year for our Aviation Finance group globally. In these challenging times, to sustain one's position as a leader in the Aviation industry is a great achievement. With our unmatched expertise and capabilities as well as our commitment to the industry, we look forward to continued success and to supporting our clients in 2010."

Some highlights from 2009 are summarized below:

--  The bank provided financial assistance to a wide diversity of clients
    in all regions of the globe: legacy, low-cost and regional airlines;
    aircraft leasing companies, cargo operators, private equity funds.
--  The bank has been a very active participant in the capital markets:
    Development of the new Eximbond structure (an innovative approach to fund
    Ex-Im-backed aircraft finance facilities through the capital market),
    Public Sector SCF (inaugural transaction for the newly established
    sovereign-backed covered bonds) and convertible issuance for a number of
    airlines and manufacturers.
--  BNP Paribas has arranged structures covering virtually the entire
    spectrum of aircraft financing products: Commercial Loans, Financial
    Leases, Pre-delivery Payment Financing, Export Credit Financing, Mortgage
    Operating Lease, Portfolio Financing Facilities, Non recourse Debt, Tax
    Leasing, Capital Markets and Securitization and Financial Advisory
--  The bank was involved in the financing of all types of aircrafts:
    Airbus/Boeing wide body and narrow-body aircraft, regional aircraft, turbo
    props and business jets.
--  BNP Paribas has topped the only two league tables that are published
    every year by the AirFinance Journal.
--  BNP Paribas is the number one Arranger of Export Credit Financing and
    the Top Arranger of Japanese Operating Lease Financing.
--  BNP Paribas has been named Aircraft Finance House of the Year by Jane
    Transport Finance. This is the highest possible award issued by JTF.
--  Jane Transport Finance also awarded the Aircraft Leasing Deal of the
    Year - Asia to a transaction arranged by BNP Paribas for Malaysian
    Airlines. This was relating to the financing of 7 ATR72-500 for Malaysian
    Airlines under a JOLCO structure.

BNP Paribas Corporate and Investment Banking

BNP Paribas Corporate and Investment Banking employs 16,000 people in over 50 countries and services 13,000 corporate and institutional clients worldwide.

BNP Paribas CIB excels in:

Derivatives -- where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives.

Capital markets -- where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)

Structured finance -- where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally.

About BNP Paribas

BNP Paribas ( is the Eurozone's leading bank in terms of deposits, and one of the 10 most important banks in the world in terms of net banking income, equity capital and market value. Furthermore, it is one of the 6 strongest banks in the world according to Standard & Poor's. With a presence in 85 countries and more than 205,000 employees, 165,200 of which in Europe, BNP Paribas is a global-scale European leader in financial services. It holds key positions in its three activities: Retail banking, Investment Solutions and Corporate & Investment Banking. The Group benefits from its four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

Contact Information

  • Press contacts:
    Megan Stinson
    Media Relations, New York

    Edwina Frawley-Gangahar
    Media Relations, New York