Maverick Aviation Partnership LP managed by Carlyle Aviation Partners Ltd, Investment Arm agreed to acquire Aircraft Leasing Operations of CK Asset Holdings Ltd from Li Ka Shing Foundation and CK Asset Holdings Limited for $4.3 billion.

Maverick Aviation Partnership LP managed by Carlyle Aviation Partners Ltd, Investment Arm agreed to acquire Aircraft Leasing Operations of CK Asset Holdings Ltd from Li Ka Shing (Global) Foundation and CK Asset Holdings Limited (SEHK:1113) for $4.3 billion on December 23, 2021. The consideration will be paid in cash and consists of $2.4 million for Accipiter Finance, $1.8 million for Manchester Aviation Finance. Under the deal, Maverick will acquire 125 primarily narrow-body aircraft and an order book of 20 Airbus A320/321 neo aircraft.

The transaction involves two investment holding companies, Accipiter Finance SARL and Manchester Aviation Finance SARL. The transaction is subject to Federal Economic Competition Commission of Mexico and Hungarian Office of Economic Competition. It is scheduled to close in the second quarter of 2022.

Milbank LLP advised Maverick and Carlyle on the sale. Goldman Sachs (Asia) LLC acted as financial advisor to CK Asset. Nick Rees, Ranbir Hunjan, Nick Mace, Alex Nourry, Kevin Lehpamer, Katia Gauzès and Virginia Lee of Clifford Chance acted as legal advisor to CK Asset Holdings.