HAMBURG/LONDON – Hamburg Commercial Bank’s Global Aviation division has provided a structured portfolio financing to Pulsar Aero Global, an investment and asset manager of commercial aircraft and engines, for the acquisition of five aircraft. The mid-life narrowbody aircraft (three Boeing 737-800s, one Airbus A321-200 and one Airbus A320-200) are leased for up to five years to operators in Latin America, Asia and Europe. 

“We are delighted to support Pulsar Aero Global on this acquisition with a structured financing to support its active asset management approach,” said Debbie Frew, Managing Director at HCOB Global Aviation. “The deal is a successful step in our growth strategy.”

Chris Barrett, Managing Director at Pulsar Aero Global, said: “As we continue to grow our portfolio, it has been a pleasure to work with Hamburg Commercial Bank’s highly knowledgeable aviation team on this first financing that was tailored to our specific needs.”

HCOB’s Global Aviation segment is an important part of the bank’s business diversification strategy and provides structured asset-backed and corporate financing to support lessors, airlines and OEMs (Original Equipment Manufacturers). The division finances aircraft and engines, as well as the wider aviation sector and invests selectively in capital markets products.

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