Oct 30, 2015

Dwipo Lubis Baskoro & Partners acts as lead counsel for M&T Aviation Finance (Ireland) Limited in sale and leaseback to Thai AirAsia

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Dwipo Lubis Baskoro & Partners (DLBP) acts as lead counsel for M&T Aviation Finance (Ireland) Limited (MTI) in the sale and leaseback of one (1) Airbus 320-216 to Thai AirAsia. The transfer of title and the delivery to Thai AirAsia were completed on 16 October 2015 and 30 October 2015 respectively. DLBP team acts for MTI was led by Partner Haryo Baskoro. Haryo commented "this deal was so challenging in terms of structure and documentation. The parties were working hard to address operational requirement of the old operator and the new operator and to bridge the gap between the refinancing to the existing lender, the transfer of title and the delivery to the new operator"

Other counsels act for MTI are Clifford Chance (Thailand) Limited, Tay & Partners and Matheson each advises Thailand, Malaysia and Irish laws aspects of the transaction respectively. Bird & Bird ATMD LLP advises AirAsia.