As part of our global finance capabilities, Sidley has extensive experience in aircraft and other equipment financing transactions around the world. Our lawyers have represented major manufacturers of aircraft, aircraft engines and rail transportation products, most major U.S. airlines and many non-U.S. airlines, finance and leasing companies, guarantors, rating agencies, debt and equity investors and liquidity providers. We have in-depth knowledge of the structures needed to complete these high-value asset transactions, and we regularly collaborate with colleagues in other practice groups across the firm to serve the varied needs of clients operating in the aircraft and transportation industries.
Our team adds value in the following ways:
- We have advised on both domestic and international finance transactions, including equipment purchases, refinancings, domestic and cross-border leases, securitizations, public and private senior and subordinated debt, convertible debt, warehouse loan facilities, term securitization and conduit transactions, deficiency and residual value guarantees, aircraft pre-delivery financings and enhanced equipment trust certificate (EETC) financings.
- Our lawyers are experienced in negotiating and documenting all types of transactions relating to equipment, including rolling stock, trucks and automobiles, construction and agricultural equipment, aircraft, containers, ships, satellites, computers and other equipment and facilities.
- Our team has developed relationships with an extensive network of local counsel in foreign jurisdictions with whom we work closely in coordinating local law aspects of transactions.
- We can also leverage our significant experience in related areas, such as domestic and international insolvency and restructuring matters, taxation, industry regulation, export credit agency assistance, export controls, international joint ventures, banking, securities, products liability and insurance.