Milbank Advises SMBC Aviation Capital on Its Purchase of Goshawk Management Limited

Milbank LLP advised SMBC Aviation Capital (“SMBC AC”) on its purchase of Goshawk Management Limited and its subsidiaries and associated assets from NWS Holdings Limited and Chow Tai Fook Enterprises Limited for an enterprise value of US$6.7 billion.

As part of this transaction SMBC AC will acquire a portfolio of 176 owned and managed aircraft. The combined business will have a portfolio of 709 owned and managed aircraft and an additional $13 billion of orders from Airbus and Boeing. The combined business will be the second largest leasing company (by number of aircraft) globally.

Milbank partner James Cameron said, “We have a long standing relationship with SMBC AC and are delighted to have had the opportunity to support them through this strategic acquisition.”

The Milbank team was led by Transportation and Space partner James Cameron with support from special counsel Siddharth Sharma and associates Stephanie Saunders, Tom Jackson, James Johnson and Amy Bradley.