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Vedder Price is pleased to announce that it represented the initial purchasers in connection with an $827 million aviation loan ABS by PK AirFinance, a leading aviation lending platform and affiliate of Apollo (“PKAIR 2025-2”).

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PK ALIFT LOAN FUNDING 7 LP issued four classes of notes with $697 million aggregate principal amount and borrowed $130 million pursuant to a secured loan facility. The proceeds of the notes and the loan are being used by the Issuer to acquire the rights to the economics of a portfolio of 107 senior secured aviation-related loans spanning 42 obligors through the acquisition of 100 percent of a series of limited partnership interests of a loan origination vehicle managed by PK AirFinance.

BNP Paribas, Mizuho and Redding Ridge acted as co-structuring agents.

“We were pleased to support the initial purchasers and PK AirFinance in this significant transaction,” said Global Transportation Finance Shareholder <a href="/people/jeffrey-t-veber/">Jeffrey Veber</a>. “This deal underscores PK’s disciplined and forward-looking strategy as they continue to expand their platform and advance their long-term growth objectives.”

PKAIR 2025-2 represents PK’s largest ABS transaction to date and marks the fourth issuance in the PK ALIFT program, having issued approximately $2.8 billion of cumulative aviation loan ABS transactions over the past 15 months.

In addition to Mr. Veber, the Vedder Price team was led by Shareholders <a href="/people/kevin-macleod/">Kevin MacLeod</a> and <a href="/people/clay-c-thomas/">Clay Thomas</a> with Associates <a href="/people/jillian-g-musa/">Jill Musa</a>, <a href="/people/sarah-branch/">Sarah Branch</a> and <a href="/people/ryan-o-murray/">Ryan Murray</a>.

New York

Vedder Price Advises Initial Purchasers in $827 Million Aviation Loan ABS

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