June 2022
Lobo Leasing Limited and EMP Structured Assets GmbH are delighted to announce the formation of LEVL Leasing Limited, a Dublin based joint-venture company dedicated to providing lease and capital solutions for helicopter and vertical lift operators. Lobo and EMP each own 50 % in the joint venture.
LEVL Leasing brings togethers Lobo Leasing’s full suite capabilities as a helicopter leasing platform with EMP’s profound capabilities in structuring financing solutions alongside raising capital for diverse aviation financing projects. Both JV partners have decades of experience in aviation and are already working together to deliver competitive leasing options to operators with both new and used equipment.
LEVL Leasing already secured a EUR 75mn equity commitment from a fund in Switzerland. Through LEVL Leasing these funds (together with debt leverage where appropriate) will be invested in EMS, firefighting, SAR, and other ESG-compliant transactions.
LEVL Leasing has already closed its first transaction for the fund - the acquisition and lease of two H145 helicopters to Everett Aviation. These helicopters are being deployed onto a EMS contract in Kenya funded by the UK government.
Dan Roberts, CEO of Lobo Leasing, commented: “We are thrilled to have formalised our relationship with EMP through the formation of LEVL Leasing. This partnership has been years in the making and creates a hugely powerful combination capable of delivering (through a single platform) the full variety of leasing products required by the helicopter and emerging vertical lift industries. The Everett H145 transaction is the perfect start and represents a great opportunity to embark on our strategy of building a dedicated ESG compliant portfolio.”.
Ulf Hüttmeyer, Executive Vice President of EMP Structured Assets, commented: “Backed by the equity commitment of the Fund and enriched by the proven capabilities of Lobo Leasing we are very enthusiastic to enter into the JV and grow LEVL Leasing”.
About Lobo Leasing
Lobo Leasing is a vertical lift investment platform, headquartered in Ireland with offices in UK, USA, Brazil, The Netherlands, Portugal and Japan. Lobo originates and manages aviation investments across the world in both the existing helicopter market as well as the fast-developing eVTOL and advanced air mobility sectors. The Lobo team combines all key disciplines (legal, technical, finance, accounting, marketing and business development) into a single coordinated service offering for investors.
About EMP Structured Assets
EMP Structured Assets is the largest privately held German aviation financing arranger and asset manager, having structured, co-financed, and executed more than 27 transactions in excess of USD 6.6bn over the last seven years. EMP’s transactions are well-renowned, winning multiple deal of the year awards by leading industry magazines