CACIB closes CALC aircraft mandate.

China Aircraft Group Holdings Limited (CALC) has closed the commercial financing of an Airbus A321neo aircraft leased to China Airlines. This aircraft is part of a two-aircraft mandate, with the first aircraft, an A320neo, already delivered to Air India. The financing was arranged by Credit Agricole Corporate and Investment Bank (CACIB), who also acted as the facility agent and security trustee. The lenders involved in the financing are CACIB, E.Sun Commercial Bank, and NTT TC Leasing. The transaction utilized ESG-linked deposit accounts, where the interest rate earned is tied to CALC's ESG score. Legal advice was provided by Clifford Chance, Watson Farley & Williams, Walkers, Mourant, Ganado, MKP, and Lee and Li. [Extracted from the article]