Milbank advises on USD10bn in deals

Milbank, Tweed, Hadley & McCloy LLP partner and head of the firm´s aviation and asset finance practice in Asia, Paul Ng advised on more than USD10 billion in transactions at the Singapore Airshow, the company said.

Milbank was counsel on five transactions, including one for more than USD3 billion for a jet engine from Pratt & Whitney for VietJet, a privately owned Vietnam-based airline.

Milbank also acted on a new multimillion dollar simulator Airbus training facility for Vietjet to be based in Ho Chi Minh, and also helped Vietjet ink a USD60 million maintenance, spares and services support agreement with Switzerland´s SR Technic. Milbank also acted for lessors and equipment suppliers on other aircraft and engine sale transactions totally over USD6 billion (at catalog prices).

Ng handles complex and innovative transactions in the transport industry, including those involving rolling stock, oil rigs, satellites, and ocean vessels, in addition to aircraft.

Milbank, Tweed, Hadley & McCloy LLP is an international law firm that provides legal services to clients around the world.