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Omani group seals aircraft leasing deal with German firm

MUSCAT, September 28, 2017

Oman Brunei Investment Company (OBIC), a joint venture private equity fund between the governments of Oman and Brunei, has successfully closed an aircraft leasing deal with German Operating Aircraft Leasing (Goal), one of the country’s top investment companies.
 
Goal is a joint venture of KGAL, one of Germany’s top investment companies and a high-ranking player in the world of structured asset finance and investment participation, and Deutsche Lufthansa, one of the world’s premier carriers. 
 
The company currently owns and manages 62 aircraft, said a statement from Goal. 
 
A renowned player in the field of structured asset finance, Goal had arranged the purchase of these Boeing aircraft from OBIC. The aircraft were originally delivered in 2014 and 2015 and will continue to be leased to Oman Air, it stated.
 
With this deal, the five aircraft are now jointly owned by KGAL’s Aircraft Portfolio Fund 4 and OBIC. DVB Bank SE and Bank ABC, Bahrain are acting as senior lender and agent.
 
Goal will be the asset manager as well as remarketing agent for the aircraft, it added.-TradeArabia News Service



Tags: Oman | Brunei | Germany | goal | aircraft leasing |

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