The Airfinance Journal recently nominated China Merchant Bank (“CMB”) Financial Leasing’s debut JPY15 billion Samurai Green Loan for both the “Environmental/ESG Leadership Deal of the Year” award and the “Best ESG Initiative of the Year” award. The Airfinance Journal awards honor industry-leading aviation finance transactions closed during the past calendar year while also recognizing both the organizations and teams who played central roles in them.
Milbank LLP advised CMB Financial Leasing in this inaugural Samurai Green Loan to support CMB Financial Leasing’s green financing instruments for eligible green projects for financing in clean transportation, renewable energy, pollution prevention and control, sustainable water and wastewater management and access to essential services to foster greater alignment with the United Nations’ Sustainable Development Goals. CMB Financial Leasing is one of the leading aircraft leasing companies headquartered In China.
This Samurai Green Loan was arranged by MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation as mandated lead arrangers and green financing structuring advisors.
Milbank has supported CMB Financial Leasing in its structured Samurai Loans issuances since 2019 when it first won the Airfinance Journal Innovative Deal of the Year.
The Singapore-based Milbank team was led by Global Transportation and Space partner Paul Ng and was supported by associates Hui Ling Teo and Edward Bentley.
