Leaseback

Cool Company Ltd. and Huaxia Financial Leasing Co., Ltd. Agree Sale and Leaseback Financing for Newbuild Vessels

Retrieved on: 
Wednesday, October 18, 2023
Maritime, Professional Services, Transport, Finance, Sale, NYSE, LNG carrier, Hyundai Samho Heavy Industries, Leaseback, MEGA, Natural gas, LNG

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or “the Company”) and Huaxia Financial Leasing Co. Ltd. today announced that they had entered into sale and leaseback financing arrangements (the “Sale and Leasebacks”) for the Kool Tiger and Kool Panther newbuild vessels scheduled to deliver to CoolCo in the second half of 2024 from Hyundai Samho Heavy Industries in Korea.

Key Points: 
  • Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or “the Company”) and Huaxia Financial Leasing Co. Ltd. today announced that they had entered into sale and leaseback financing arrangements (the “Sale and Leasebacks”) for the Kool Tiger and Kool Panther newbuild vessels scheduled to deliver to CoolCo in the second half of 2024 from Hyundai Samho Heavy Industries in Korea.
  • Reference is made to the press release published by CoolCo on June 28, 2023 regarding the announcement that the Company had exercised its option to acquire the newbuild vessels and had received a commitment for the related debt financing.
  • With the Sale and Leasebacks now in place, CoolCo has fully financed the two MEGA LNG Carrier newbuilds.
  • “We are pleased to have established this important relationship with Huaxia Financial Leasing and look forward to working closely with them over the long term.

United Maritime Reports First Quarter 2023 Financial Results and Declares Quarterly Dividend of $0.075 Per Share

Retrieved on: 
Thursday, May 18, 2023
Exercise, Abu Dhabi National Oil Company, BPI, Employment, LR2, BCI, TCE, Turkish Cypriots, Goodship, SOFR, Sale, Index, Acquisition, FFA, Webcast, Hand, Leaseback, Airline, Panamax, Capesize

GLYFADA, Greece, May 18, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (“United” or the “Company”) (NASDAQ: USEA), announced today its financial results for the first quarter ended March 31, 2023 and declared a quarterly dividend of $0.075 per share for the first quarter of 2023.

Key Points: 
  • First Quarter and Recent Developments:
    On April 6, 2023, the Company paid the previously announced quarterly dividend of $0.075 per share, for the fourth quarter of 2022, to all shareholders of record as of March 22, 2023.
  • Committed to its dividend strategy, the Company also declared a cash dividend of $0.075 per share for the first quarter of 2023 payable on or about July 6, 2023 to the shareholders of record as of June 22, 2023.
  • The M/V Goodship is chartered by an international charterer for a period until minimum June 2023 up to maximum December 2023, at an index-linked rate.
  • The Company’s management will host a conference call to discuss the financial results today, Thursday, May 18, 2023 at 10:00 a.m. Eastern Time.

CDB Aviation Signs New Sale and Leaseback Agreement with Volaris for Five Airbus Aircraft

Retrieved on: 
Thursday, April 7, 2022
Transportation, Banking, Aerospace, Manufacturing, Travel, Professional Services, Other Transport, Air, Transport, Logistics, Supply Chain Management, Finance, S&P Global, China Development Bank, Bond credit rating, Mexican Stock Exchange, Aircraft, Sale, CDB, Forward-looking statement, Growth, NYSE, City, Friends, ULCC, BMV, ESG, Commercial, HKEX, PDP, Industry, Airbus A320neo family, SLB, State Council, Airbus, Aviation, Terminology, Hong Kong Stock Exchange, Airline, Volaris, Leaseback, Fitch

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the lessor entered into a new sale and leaseback agreement with its existing customer, Volaris (Controladora Vuela Compaa de Aviacin, S.A.B.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the lessor entered into a new sale and leaseback agreement with its existing customer, Volaris (Controladora Vuela Compaa de Aviacin, S.A.B.
  • de C.V.), for a fleet of five Airbus aircraft, encompassing two A320neos and three A321neos.
  • The new agreement brings the number of CDB Aviation aircraft on lease to Volaris to a total of thirteen aircraft, which were secured through the lessors orderbook with Airbus, as well as Sale and Leaseback (SLB) transactions with and without Pre-Delivery Payments (PDP).
  • Four of the aircraft were already delivered and the further nine will be delivered by the fourth quarter of 2024.

Aviation Capital Group Announces Delivery of One A321neo to Viva Aerobus

Retrieved on: 
Friday, July 30, 2021
Professional services, Air, Transport, Finance, Low-cost carriers, Marketing, VivaAerobús, Aviation, Leaseback, Airbus A321, Airlines

Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today the delivery of one new Airbus A321neo aircraft on long-term lease to Viva Aerobus.

Key Points: 
  • Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today the delivery of one new Airbus A321neo aircraft on long-term lease to Viva Aerobus.
  • This aircraft, powered by Pratt & Whitney engines, is the second of three A321neo aircraft to deliver to Viva Aerobus as part of a sale and leaseback transaction between ACG and the airline.
  • View the full release here: https://www.businesswire.com/news/home/20210730005595/en/
    Aviation Capital Group Announces Delivery of Second A321neo to Viva Aerobus (Photo: Business Wire)
    Aviation Capital Group was founded in 1989 and is one of the worlds premier full-service aircraft asset managers with approximately 400 owned, managed and committed aircraft as of March 31, 2021, which are leased to approximately 85 airlines in approximately 40 countries.
  • ACG is a wholly owned subsidiary of Tokyo Century Corporation.

FCPT Announces Sale Leaseback of Eight Sonic Drive-In Properties for $10.6 Million

Retrieved on: 
Friday, July 30, 2021
REIT, Restaurant, Bar, Retail, Commercial Building & Real Estate, Construction & Property, Contract law, Leaseback, Leasing, Sales, Real estate investing, Economy

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of eight Sonic Drive-In properties for $10.6 million via a sale-leaseback transaction.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of eight Sonic Drive-In properties for $10.6 million via a sale-leaseback transaction.
  • The transaction was priced at a 6.2% going-in cash capitalization rate, exclusive of transaction costs.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.
  • Additional information about FCPT can be found on the website at www.fcpt.com .

New Mountain Capital Executes $287 Million in U.S. Net Lease Transactions in First Half of 2021

Retrieved on: 
Tuesday, July 27, 2021
Finance, Money, Leasing, Economy, New Mountain Capital, Leaseback, Net lease, Private equity

NEW YORK, July 27, 2021 /PRNewswire/ --New Mountain Capital ("New Mountain"), a defensive growth-oriented investment firm that manages more than $33 billion across private equity, credit, and net lease real estate, today announced that its net lease business, New Mountain Net Lease, has closed six sale-leaseback transactions in the first half of 2021.

Key Points: 
  • NEW YORK, July 27, 2021 /PRNewswire/ --New Mountain Capital ("New Mountain"), a defensive growth-oriented investment firm that manages more than $33 billion across private equity, credit, and net lease real estate, today announced that its net lease business, New Mountain Net Lease, has closed six sale-leaseback transactions in the first half of 2021.
  • These transactions had a total acquisition value of $287 million and covered approximately 1.7 million square feet of industrial and life science real estate.
  • Teddy Kaplan, Managing Director and Head of New Mountain Net Lease, said, "New Mountain has had a strong first half of the year in our net lease business.
  • New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation.

DGAP-News: Coreo acquires manufacturing sites and administrative facilities from German automotive supplier listed on stock exchange

Retrieved on: 
Thursday, July 8, 2021
Frankfurt, Hesse-Nassau, Leaseback, Articles

Frankfurt am Main, 8 July 2021 - Via a 100 % subsidiary, Coreo took over two manufacturing sites and the administrative headquarters of a well-known German automotive supplier listed on the stock exchange.

Key Points: 
  • Frankfurt am Main, 8 July 2021 - Via a 100 % subsidiary, Coreo took over two manufacturing sites and the administrative headquarters of a well-known German automotive supplier listed on the stock exchange.
  • Two manufacturing sites and the administrative headquarters were leased from the seller as part of the sale and lease back transaction.
  • The other areas are used for the administrative headquarters and offices at the two manufacturing sites.
  • Coreo AG, with headquarters in Frankfurt am Main, is a dynamically growing real estate company with a focus on German commercial and residential real estate.

NewLake Capital Partners Expands Real Estate Partnership and Closes on Cultivation and Processing Facility with The Mint in Arizona

Retrieved on: 
Wednesday, July 7, 2021
Cannabis, Cannabis law, Drug control law, Psychoactive drugs, Legality of cannabis, Leaseback, Articles

NEW CANAAN, Conn., July 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (NewLake), a leading provider of real estate capital to state-licensed cannabis operators, today announced the acquisition of a parcel of land for the construction of a 130,757-square-foot cultivation and processing facility in Phoenix, Arizona.

Key Points: 
  • NEW CANAAN, Conn., July 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (NewLake), a leading provider of real estate capital to state-licensed cannabis operators, today announced the acquisition of a parcel of land for the construction of a 130,757-square-foot cultivation and processing facility in Phoenix, Arizona.
  • Concurrent with the closing of the acquisition, NewLake entered into a long-term, triple-net lease agreement with The Mint, a vertically integrated multi-state cannabis operator based in Tempe, Arizona, which intends to operate the property as a licensed cultivation and processing facility.
  • NewLake is a leading provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases, as well as funding for build-to-suit projects.
  • NewLake has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.

Sealy & Company Caps Off Strong Q2 with Two Acquisitions Within a Week

Retrieved on: 
Thursday, July 1, 2021
Contract law, Leaseback, Leasing, Sales, Shreveport, Louisiana, Oklahoma City, Sealy, Cities in the United States, Geography of Louisiana, Geography of the United States

Sealy & Company acquires the two Oklahoma City multi-tenant industrial assets in a submarket in which it has significant experience and knowledge.

Key Points: 
  • Sealy & Company acquires the two Oklahoma City multi-tenant industrial assets in a submarket in which it has significant experience and knowledge.
  • Sealy & Company has had a terrific year celebrating 75 years as a company.
  • Sealy & Company purchased the Oklahoma property from Industrial Developers of Oklahoma and the Class A property in Houston from DuPar, Inc. in a sale-leaseback transaction.
  • Sealy & Company has an exceptional team of over 100 employees, located in eight offices, with corporate offices in Dallas, Texas and Shreveport, Louisiana.

Aviation Capital Group Announces Delivery of Second A220 to airBaltic

Retrieved on: 
Monday, June 28, 2021
Professional services, Air, Transport, Finance, Aviation, Companies, Airlines, airBaltic, Association of European Airlines, European Regions Airline Association, SAS Group, Airbus A220, Leaseback, Airbus, BOC Aviation, A220

Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced the delivery of one new Airbus A220-300 aircraft on long-term lease to airBaltic.

Key Points: 
  • Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced the delivery of one new Airbus A220-300 aircraft on long-term lease to airBaltic.
  • This aircraft is ACGs second A220 aircraft to be leased by ACG to airBaltic as part of a sale and leaseback transaction between ACG and the airline.
  • Aviation Capital Group was founded in 1989 and is one of the worlds premier full-service aircraft asset managers with approximately 400 owned, managed and committed aircraft as of March 31, 2021, which are leased to approximately 85 airlines in approximately 40 countries.
  • ACG is a wholly owned subsidiary of Tokyo Century Corporation.