WHITE & CASE ADVISES AVIATION CAPITAL IN $2.65B ACQUISITION OF BOULLIOUN AVIATION SERVICES
WHITE & CASE ADVISES AVIATION CAPITAL IN $2.65B ACQUISITION OF BOULLIOUN AVIATION SERVICES
June 17, 2005
White & Case LLP announced that it has advised Aviation Capital Group Corp. in its completed $2.65 billion acquisition of Bellevue, WA-based Boullioun Aviation Services from German bank WestLB AG.
The Firm advised Aviation Capital Group (ACG) on all aspects of the transaction, including the acquisition, financing, various tax and regulatory matters around the world and the Export Credit Agencies negotiations in Europe. The transaction included, among other things, the acquisition of 102 commercial aircraft, 11 Airbus airplanes currently on order, various management contracts and other assets of Boullioun Aviation Services.
Newport Beach, California-based Aviation Capital Group is a subsidiary of Pacific LifeCorp., the parent company of Pacific Life Insurance Co. It decided to acquire Boullioun, an aircraft leasing company, to help solidify its spot as one of the top five aircraft operating lessors in the world.
'This transaction was one of the most complex I