FPG and FPG Amentum arrange the acquisition of one Silk Air A320-200 using a new Trust structure

FPG and FPG Amentum arrange the acquisition of one Silk Air A320-200 using a new Trust structure

Announcing the acquisition of one Airbus A320-200 for JOL transaction.

Dublin, December 22, 2016 – Financial Products Group Co., Ltd. (‘FPG’ – 7148:JP), the Tokyo-headquartered, listed independent financial services firm and FPG Amentum Ltd. (‘FPG Amentum’), the Dublin-based aircraft leasing / management company announce the acquisition of one Airbus A320-200 for JOL transaction. The aircraft was purchased from another lessor and is on lease to SilkAir (Singapore) Private Ltd. (‘Silk Air’).

The aircraft was acquired through a trust structure, arranged by FPG Trust Co., Ltd. (‘FPG Trust’), a wholly owned subsidiary of FPG. This is the first aircraft JOL transaction structured in a trust in the Japanese market and the first transaction in which FPG leverages its group capabilities to provide trust services in an aircraft acquisition. This innovative structure benefits JOL investors and airlines alike and will supplement FPG’s offering of conventional JOL structures going forward.

Ends.

Press Contact FPG Amentum:
Lorraine Barron
FPG Amentum Ltd.
+353 1639 8111

Press Contact FPG:
Kenji Kubode
Managing Executive Officer and General Manager of Accounting Department
Financial Products Group Co., Ltd. +81 3 5288 5691

Note to Editors:

About FPG:
Tokyo headquartered FPG was founded in 2001 and is currently listed on the First Section of the Tokyo Stock Exchange. FPG is an independent financial service provider and offers various financial products to profitable companies and wealthy individuals. With tax lease arrangement as its core business, FPG provides integrated services covering the origination, structuring, equity placement, and management of Japanese operating leases (JOL) for aircraft, vessels, and marine containers. FPG is a leading independent JOL equity arranger in the market.
More information can be found on the company’s website at www.fpg.jp/en

About FPG Amentum:
Headquartered in Dublin, FPG Amentum is a dedicated third-party provider of aircraft investment management and advisory services to equity and debt investors in the aviation sector and offers a full range of aircraft leasing services to airlines worldwide through its full-service leasing platform. FPG Amentum was founded in 2005 and is majority owned by FPG. The company manages a US$ 2 billion portfolio of aircraft and provides services to several investor and banking customers.
More information can be found on the company’s website at www.fpg-amentum.aero

About FPG Trust:
FPG Trust, 100% owned subsidiary of FPG, is a fully licensed trust company in Japan, and, as a FPG group company, is originating and arranging structured transaction, including real estate investment securitization, leveraging its trust function. In this transaction, FPG Trust closely worked with FPG and FPG Amentum to arrange the first JOL transaction with trust structure. It also provides trust services for high net worth individual customers in Japan.