Nord/LB and FPG Amentum enter into Cooperation

Nord/LB and FPG Amentum enter into Cooperation

FPG Amentum and NORD/LB announce today that they are entering into commercial cooperation

Dublin / Hanover 08 December 2016 –FPG Amentum Ltd. (‘FPG Amentum’) and Norddeutsche Landesbank Girozentrale (‘NORD/LB’) announce today that they are entering into commercial cooperation with FPG Amentum providing asset management to NORD/LB and the two parties developing joint industry research. To strengthen the cooperation NORD/LB is acquiring a minority stake in FPG Amentum.

Commenting, Oliver Faak, Global Head of Ship and Aircraft Finance of NORD/LB said: “FPG Amentum is the ideal partner to complement NORD/LB’s asset based lending approach. As one of the most renowned independent asset managers in aviation FPG Amentum is going to enhance NORD/LB’s capability to support existing customers and new investors in the aircraft financing sector likewise. Last but not least both teams share common backgrounds and the same understanding of the industry. We are very much looking forward to the joint venture with FPG Amentum.”.

Jan Melgaard, Executive Chairman of FPG Amentum adds: “NORD/LB is one of the leading global aerospace lenders with distinct development plans in this sector. FPG Amentum fits very well into such plans as asset manager and industry research partner. We take this cooperation as a testament to the quality of service FPG Amentum provides, we are excited about further strengthening our industry research and we are proud to work with NORD/LB, which is an important expansion of our customer base.”

FPG Amentum was advised by McCann FitzGerald. A & L Goodbody and KPMG acted for NORD/LB.

Ends.

Press Contact FPG Amentum:

Lorraine Barron

FPG Amentum Ltd.

+353 1639 8111

Press Contact NORD/LB:

Dr. Thomas Klodt

+49 511 361 2758

E-mail:

Note to Editors:

About NORD/LB:

With total assets of € 178 billion, NORD/LB Norddeutsche Landesbank is a leading German business bank. Its core business segments include structured financing in the energy and infrastructure sector, ship and aircraft financing, corporate customers business, commercial real estate financing, capital market business and private and commercial customers. The Bank has headquarters in Hanover, Braunschweig and Magdeburg as well as branches in Düsseldorf, Hamburg, Munich, Schwerin and Stuttgart. NORD/LB is represented outside of Germany by a Pfandbriefbank (NORD/LB Covered Bond Bank) in Luxembourg and branches in London, New York, Singapore and Shanghai. www.nordlb.de

About FPG Amentum:

Headquartered in Dublin, FPG Amentum is a dedicated third-party provider of aircraft investment management and advisory services to equity and debt investors in the aviation sector and offers a full range of aircraft leasing services to airlines worldwide through its full-service leasing platform. FPG Amentum was founded in 2005. Today it is 71.25% owned by Financial Products Group Co., Ltd. (“FPG”), 4.75% owned by FPG Asset & Investment Management BV (FPG “AIM”), 5% owned by NORD/LB and 19% owned by senior management. FPG Amentum currently manages a US$ 2 billion portfolio of aircraft and provides services to several investor and banking customers.

More information can be found on the company’s website at www.fpg-amentum.aero/

About FPG:

Tokyo headquartered FPG was founded in 2001 and is currently listed on the First Section of the Tokyo Stock Exchange. FPG is an independent financial service provider and offers various financial products to profitable companies and wealthy individuals. With tax lease arrangement as its core business, FPG provides integrated services covering the origination, structuring, equity placement, and management of Japanese operating leases (JOL) for aircraft, vessels, and marine containers. FPG is a leading independent JOL equity arranger in the market.

More information can be found on the company’s website at www.fpg.jp/en 

About FPG AIM:

Partly owned by FPG, with offices in the Netherlands, Dubai and Singapore FPG AIM provides global sourcing, structuring, arranging and M&A advisory services to investors, banks and companies active in the aircraft, shipping and marine container industries.

More information can be found on the company’s website at www.fpg-aim.com/