Novus TAF Finances Three A321-200s for Avation PLC Delivered to VietJet

Dubai, UAE - January 16, 2017: Tamweel Aviation Finance (TAF) has closed the financing of the third of a three-A321- 200 new airplane facility for Avation PLC (AVAP.LN), the London LSE noted and Singapore based lessor. All 3 airplane get on long-lasting operating leases with fast-growing Vietnamese low-priced service provider VietJet Air.

TAF is the finance leasing platform taken care of by Novus Air travel Funding (Novus) which brings together a partnership of Airbus SAS (Jet), the Development Bank of Japan Inc (DBJ) and Norddeutsche Landesbank Girozentrale (Nord/LB) to offer eye-catching high LTV mezzanine financing to the worlds airlines and owners for Airbus products. Having simply completed three years of effective procedure, TAF has expanded to a profile dimension of greater than US$ 1 billion of possessions by market value.

" We are very happy to add Avation to the growing checklist of customers of Novus dedicated financing platform," said Mounir Kuzbari, Managing Director at Novus. " A key driver of Avations earnings is the overall expense of money and the amount of take advantage of. TAFs mezzanine facilities are a valuable take advantage of device for deals of this nature,"" stated Jeff Chatfield, Executive Chairman at Avation PLC.