FEBRUARY 6TH, 2017

DVB finances one A350-900XWB on lease to Vietnam Airlines from DAE

DVB Bank SE announced it has successfully underwritten and arranged the financing for Vietnam Airlines’ first Airbus A350-900XWB, leased from Dubai Aerospace Enterprise (DAE) Ltd.

DVB is the sole arranger and lender in this facility.

Allen and Overy, London acted for DAE as lessor’s counsel while Clifford Chance London represented DVB.

About DVB Bank SE

DVB Bank SE, headquartered in Frankfurt/Main, Germany, is the leading specialist in the international Transport Finance business. The Bank offers integrated financing solutions and advisory services in respect of Shipping Finance, Aviation Finance, Offshore Finance and Land Transport Finance. DVB is present at all key international financial centers and transport hubs: at its Frankfurt/Main head office, as well as various European locations (Amsterdam, Athens, Hamburg, London, Oslo and Zurich), plus offices in the Americas (New York City and Curaçao) and in Asia (Singapore and Tokyo). DVB Bank SE is listed at the Frankfurt Stock Exchange (ISIN: DE0008045501). More information is available on www.dvbbank.com<http://www.dvbbank.com/>.

About DAE

Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized and award-winning aerospace company headquartered in Dubai. More information can be found on the company’s web site at www.dubaiaerospace.com.
Press contact: press.office@dubaiaerospace.com