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Asset Finance

Our lawyers in Kenya have experience in advising on a wide variety of asset and structured finance projects including the procurement, financing and leasing of aircraft, heavy and light rolling stock, rail infrastructure, film productions and tax-based leasing. 

Our client base includes: banks and arrangers, major airlines and operators, and lessors and manufacturers of a variety of assets.

Experience has included advising:

  • Clients on various aircraft and engine lease, sale and purchase transactions — negotiated terms, reviewed and drafted transactional documents, attended to conditions precedent and registration matters for aircraft and engine deliveries, and attended to legal issues in aircraft redeliveries.  
  •  A Middle Eastern airline in connection with the sublease of two Boeing 787-8 aircraft from a Kenyan national carrier, and on a slot exchange agreement for landing slots at London Heathrow Airport involving a European airline, the Kenyan carrier, and the Middle Eastern airline.
  • A regional cargo airline on its purchase and onward sale of a Fokker F27 MK500 aircraft, including negotiating and drafting transactional documentation and attending to registration matters.
  •  A regional aircraft leasing company on its acquisition of three Bombardier DHC-8-106 aircraft from a Canadian aircraft lessor.
  • A top-tier Kenyan commercial bank in the financing of a used aircraft including conducting extensive due diligence on the aircraft and related security documentation.
  • A European bank on a EUR 19 million concessionary loan to the Government of Kenya for the financing of a turnkey medical equipment purchase and refurbishment package.