Milbank LLP represented the initial purchasers led by Mizuho Securities and BofA Securities in connection with the inaugural $1.245 billion fixed rate notes offering by Griffin Global Asset Management, structured as an aircraft asset-backed securitization of GGAM Master Trust International, Ltd. and GGAM Master Trust US LLC. The Griffin Master Trust seeks to establish a new standard in aviation finance for mid-life aircraft and is one of the largest aircraft ABS transactions to date.
Griffin is a global commercial aviation leasing and asset management business with offices in Dublin, Puerto Rico and Los Angeles.
The Milbank team was led by Transportation and Space partner Alexandra Johnson and Corporate Finance and Securities partner Brett Nadritch, with support from associates Michael Gibbons, Nicole Haddad, Devarshi Mukhopadhyay, Anne Vieser and Heaven Johnson. The deal team also included Tax partner Andrew Walker.
