DVB Bank advised Marubeni Corporation on the acquisition of 15.25% stake in Aircastle Limited

Frankfurt/Main, 12 July 2013 – DVB Bank was the exclusive financial advisor to Marubeni Corporation (Marubeni), in a landmark transaction for the acquisition of 15.25% stake in Aircastle Limited (Aircastle) for US$209 million, through issuance of new shares. The transaction was announced on 6 June 2013 and closed on 12 July 2013 after having received regulatory approvals from the US and Germany.

DVB Bank advised Marubeni on the evaluation and execution of the transaction with Aircastle. In connection with the transaction, Aircastle and Marubeni also entered into a shareholder agreement where Marubeni has the right to designate two directors for appointment to Aircastle’s board of directors. The shareholder agreement also contains certain provisions relating to Marubeni’s and its affiliates’ ability to transfer and acquire Aircastle’s securities.

Bertrand Grabowski, Member of the Board of Managing Directors of DVB Bank, said: “At DVB we were delighted to have been selected by Marubeni to bring our aviation expertise and platform to such a prestigious project. Working with two prominent partners, Marubeni and Aircastle, is further evidence of our growing activity and relationship with lessors, a strategic area for DVB to provide our transport finance services”.

By acquiring a significant minority stake in Aircastle, Marubeni will strengthen the comprehensive range of services that provided to airlines around the world, and furthermore, its contribution to the aviation industry. Kaoru Iwasa, Managing Executive Officer, Chief Operating Officer, Transportation Machinery Division, Marubeni Corporation, said: “We are very pleased to acquire a significant minority stake in Aircastle. We have concurred with Aircastle’s view on the market and strategy to grow, and above all we are confident that there is a good chemistry between the companies and we can achieve a long and constructive partnership with Aircastle. DVB exercised a vital role in creating this epochal partnership and we do appreciate DVB’s efforts and contributions”.