Aug 23, 2016
Dwipo Lubis Baskoro & Partners advises Northern Light Holding Limited in the Financing of New Embraer Legacy 650
Dwipo Lubis Baskoro & Partners ("DLBP") Aviation Team advises Northern Light Holding Limited ("NLHL") in the financing and purchase of Embraer Legacy 650. The Aircraft was successfully delivered to NLHL and subsequently managed and operated by an Indonesian airline on 23 August 2016. The team was led by Partner Haryo Baskoro. Haryo commented "Business Jet is a niche market in Indonesia and this deal is very important to show our expertise not only in the financing of commercial aircraft but also business jets. We do believe that this market will still grow in the future and expect more instructions to come."
Counsels acting for Lender are Dentons Rodyk & Davidson LLP and Wiriadinata & Saleh.