MUFG has closed a 10-year Finance Lease with Asiana Airlines (Asiana), one of Korea’s leading airlines.

MUFG acted as the Mandated Lead Arranger and Senior Lender amongst other roles in this transaction. The bank provided JPY financing for this deal, which was secured by a new Airbus A321NX aircraft that is core to Asiana’s fleet.

This financing follows on the back of other successful financings that MUFG has closed for Asiana, underscoring the bank’s ability to win repeat client mandates and their trust by leveraging our strong capabilities in aviation finance and network in support of the region’s leading airlines.

June Raj, MUFG’s Managing Director & Head of Aviation Finance, Asia Pacific, said: “We are very pleased to be able to support Asiana once again, this time through this important commercial financing, at a time when Korea’s aviation industry is undergoing significant transformation. This transaction reaffirms MUFG’s track record in arranging and structuring tailored solutions as well as our commitment to support our clients notwithstanding the uncertain market environment.”

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