November 26, 2013

Milbank Awarded “Aviation Firm of the Year” and “European Debt Deal of the Year” by Global Transport Finance 2013

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LONDON, November 26, 2013 – Milbank’s Transportation & Space team received top honors, “Aviation Firm of the Year”, at the Global Transport Finance Awards 2013 gala in London. The team also won “European Aircraft Debt Deal of the Year” for their work on the first-ever non-U.S. EETC transaction by British Airways. The team, led by James Cameron, head of the London Transportation & Space Group, represented Citibank as the lead structuring agent for a group of international banks backing British Airways’ offering.

The team also acted on three other award—winning transactions which included: Virgin Australia’s $797 million EETC issue, their first international debt offering (“Aircraft Debt Deal of the Year—Asia Pacific”); GE Capital Aviation Services sale of 26 aircraft to AABS (“Aircraft Lessor Finance Deal of the Year”); and, Air Canada’s $714 million EETC issue (“Aircraft Finance Debt Deal of the Year—North America”).

Mr. Cameron, commented on the awards, “We congratulate our clients on their awards and are delighted to have been involved in so many leading transactions. We are particularly honored to be recognized by Global Transport Finance as ‘Aviation Firm of the Year’, reflecting our market leadership as the firm which always acts on the largest, most challenging and innovative transactions.”

About Milbank

Milbank, Tweed, Hadley & McCloy is a leading international law firm that has been providing innovative legal solutions to clients throughout the world for more than 145 years. Milbank is headquartered in New York and has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Singapore, Tokyo and Washington, DC.

The firm’s lawyers provide a full range of legal services to the world’s leading commercial, financial and industrial enterprises, as well as to institutions, individuals and governments. Milbank’s lawyers meet the needs of its clients by offering a highly integrated and collaborative range of services across key practice groups throughout its global network. Milbank’s integrated practice is underpinned by its attorneys’ acknowledged technical excellence, sectorial expertise and a strong tradition of innovation and client service.

Milbank is committed to providing comprehensive legal services to the transportation & space business. Drawing from the diverse capabilities of professionals in our global network of offices, the Transportation & Space Business Group delivers experienced advice in finance, corporate and M&A, commercial contracts, risk management and trade and regulatory matters to satellite operators, aerospace manufacturers and financial institutions around the world.