AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

MACQUARIE BANK TO INVEST $US150MLN IN AIRCRAFT LEASING CO.

AsiaPulse News

| October 02, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Oct 2 Asia Pulse - Macquarie Bank will invest million ($200 million) for a minority stake in the aircraft leasing arm of New York listed transport group GATX Corporation.

Australia's largest investment bank has formed a consortium called Macquarie Aircraft Leasing Ltd that will pay .46 billion ($1.95 billion) for San Francisco-based GATX Air.

The consortium also includes funds affiliated with Macquarie Bank and hedge fund giant Och-Ziff Capital Management Group.

GATX Corporation's sale of its aircraft leasing unit comes as the Chicago-based group seeks to expand its rail and speciality businesses.

GATX Air has about 60 staff in offices in San Francisco, London, Toulouse and Tokyo.

The GATX Air portfolio comprises 87 narrow ...

Related articles from newspapers, magazines, journals, and more
GATX AIR LEASES $315 MILLION OF AIRCRAFT TO SIX FOREIGN CARRIERS
Press release article from: PR Newswire June 16, 1992 700+ words
GATX AIR LEASES $315 MILLION OF AIRCRAFT TO SIX...FRANCISCO, June 16 /PRNewswire/ -- GATX Air, a division of GATX Capital Corp., has...traffic continuing its long term rise, GATX Air has positioned its aircraft leasing expertise...
GATX Air Announces Formation of Aircraft Joint Venture.
Press release article from: Business Wire April 19, 2005 700+ words
CHICAGO -- GATX Air today announced the formation of Alster...aircraft investment joint venture between GATX Air and HSH Nordbank AG. The initial assets...aircraft acquired in the secondary market by GATX Air in 2004. GATX Air also will provide...
Three Japanese and one American investor to join GATX Air and Credit Lyonnais...
Press release article from: PR Newswire August 28, 1990 700+ words
...JAPANESE AND ONE AMERICAN INVESTOR TO JOIN GATX AIR AND CREDIT LYONNAIS JOINT VENTURE CHICAGO...GATX/CL Air, the joint venture between GATX Air and Paris- based Credit Lyonnais, has...venture will continue to be managed by GATX Air and co-managed by Credit Lyonnais...
GATX Air buys MD-11 and MD-90s. (GATX Capital Corp.'s GATX Air, McDonnell...
Press release article from: PR Newswire September 5, 1990 700+ words
...MD-90S FARNBOROUGH, England, Sept. 5 /PRNewswire/ -- GATX Air, a division of GATX Capital Corp., today announced its firm...operator flexibility and convenience in making seasonal changes. GATX Air currently owns, leases and provides financing and remarketing...
GATX Air, a division of GATX Leasing Corp., enters into new leases for seven...
Press release article from: PR Newswire November 14, 1986 700+ words
CHICAGO, Nov. 14 /PRNewswire/ -- GATX Air, a division of GATX Leasing Corporation...stated, "This transaction displays GATX Air's responsiveness to the changing aircraft...additional service through their Denver hub." GATX Air has financial interests in more than 70...
AUST'S MACQUARIE BANK ACQUIRES US AIRCRAFT LEASING FIRM.
News wire article from: AsiaPulse News September 29, 2006 700+ words
...SYDNEY, Sept 29 Asia Pulse - Macquarie Bank Ltd (ASX:MBL) is part of...million for a minority stake in GATX Air, the aircraft leasing business...Capital Management Group and Macquarie Bank. GATX Air is a full service, aircraft...
AUSTRALIA'S MACQUARIE BANK IN TALKS TO SELL ASSETS.
News wire article from: AsiaPulse News February 6, 2007 700+ words
SYDNEY, Feb 6 Asia Pulse - Macquarie Bank Ltd (ASX:MBL) is in active discussions to sell most of its...intended to realise investments in air craft leasing business GATX Air, Thames Water, its Japanese buildings, retirement village...
Macquarie Bank Limited Acquires 12.74% Interest in TrueStar Petroleum...
News wire article from: Canadian Corporate News January 31, 2006 700+ words
...31, 2006 (CCNMatthews via COMTEX) -- Macquarie Bank Limited today announced that it has acquired...headquartered in Vancouver, British Columbia. Macquarie Bank Limited ("Macquarie Bank") acquired ownership of common shares and...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA