As anticipated in Amedeo Air Four’s Prospectus from April 2015, Amedeo Air Four Plus Limited, via its wholly-owned subsidiary AA4P Delta Limited, has bought, directly from Airbus, one A380 aircraft bearing manufacturer’s serial number 201. The deal was completed on 30 November at a net cost to the company of $275,000,000. In accordance with the investment process outlined in the Prospectus, the aircraft is the final initial asset to be acquired by the company.
In connection with the acquisition of the aircraft, AA4PD drew down $170m of senior debt financing in accordance with a senior loan agreement entered into with Westpac Banking Corporation, Qatar National Bank and Doha Bank as well as $40m of junior debt financing pursuant to a junior loan agreement entered into with Qatar National Bank. Upon delivery, AA4P Delta also entered into an aircraft operating lease with Emirates airline. The lease is for 12 years, with fixed lease rentals for the duration. Following this purchase, Amedeo Air Four now owns four A380s which have all been leased to Emirates.
AA4 : Amedeo Air Four buys another A380