Terry Sanders
Locations
Bar Admissions
New York
Education
Brooklyn Law School, J.D. Colgate University, B.A.
Terry Sanders is a partner in the Corporate and Finance group of Hughes Hubbard & Reed. His experience involves representing underwriters, issuers, lenders, lessors, manufacturers, equity and debt investors, and rating agencies in a wide variety of asset finance transactions, including representing clients in portfolio securitizations, acquisition financing, aviation financing, equipment financing and secured lending. Many of the deals he has worked on have won awards and been named as “Deals of the Year.”
Selected Matters
- Griffin Global Asset Management in a senior unsecured notes offering and subsequent add-on totaling $700 million
- Griffin Global Asset Management and Bain Capital Special Situations in connection with the acquisition of 17 new technology Rolls-Royce Engines. This transaction was the Ishka Global Best European Deal 2023
- Griffin Global Asset Management Holdings in connection with a three-year, $525 million unsecured revolving credit facility
- Griffin Global Asset Management in connection with $1 billion senior unsecured notes offering
- Griffin Global Asset Management and Bain Capital Credit in connection with an investment in Arajet, the “flag carrier” of the Dominican Republic
- Morgan Stanley in connection with a $345 million term loan financing for 21 commercial jet aircraft
- Morgan Stanley in connection with a $195 million term loan financing for 12 commercial jet aircraft
- Deutsche Bank Securities in connection with a $671 million asset-backed securitization for BOC Aviation
- Citigroup and BNP Paribas in connection with a $350 million senior secured murabaha revolving warehouse facility for the investment banking and aviation finance arm of a Saudi Arabian bank
- Sun Country Airlines in connection with the financing of various commercial jet aircraft
- Azul Linhas Aéreas Brasileiras in connection with the leasing of various B737 aircraft
- A joint venture between a large operating lessor and financial partner in connection with a $150 subscription credit facility
- A global private investment firm in connection with mezzanine financing for six A330 aircraft
- Goldman Sachs in connection with a $72 million follow-on equity offering relating to an aircraft asset-backed securitization for Castlelake
- Goldman Sachs in connection with a $155 million follow-on equity offering relating to an aircraft asset-backed securitization for Castlelake
- Israel Discount Bank in connection with pre-delivery payment financings for B787 aircraft
- Bank Hapoalim in connection with pre-delivery payment financings for B787 aircraft
- Mizuho Securities USA in connection with a $529 million asset-backed securitization for Irish aircraft lessor Goshawk Aviation.
- BNP Paribas Securities Corp. in connection with a $189 million aircraft asset-backed securitization (ABS) for Vx Capital Partners, a cargo aircraft management and leasing firm
- Morgan Stanley Bank in connection with a $200 million aircraft warehouse facility for subsidiaries of Elix Aviation Capital Limited, an aircraft-leasing platform focused on turboprop commercial aircraft
- Citigroup in connection with a $911 million aircraft asset-backed securitization (ABS) by Castlelake, an investment firm specializing in aircraft
- Air Lease Corporation in connection with a $555 million asset-backed securitization (ABS) that launched Air Lease’s Thunderbolt II platform
- Goldman Sachs in connection with the issuance by AASET 2017-of $612 million notes secured by a portfolio of 32 aircraft
- Deutsche Bank in connection with the borrowing by Prop 2017-1 of $411 million of senior secured asset backed loans which are secured by 63 turboprop aircraft
- Goldman Sachs in connection with the borrowing by Apollo Aviation Securitization Equity Trust 2016-2 of $640 million of senior secured asset backed loans which are secured by 35 aircraft
- BBAM in connection with the $1.2 billion 144A ABS issuance by Element Financial Corporation, backed by 49 narrowbody and widebody aircraft. ( North American Deal of the Year, Airfinance Journal; Aviation ABS Deal of the Year, Global Transport Finance; Debt Deal of the Year, Airline Economics)
- Goldman Sachs in connection with the borrowing by Falcon Aerospace Limited of $410 million of senior secured asset backed loans which are secured by 21 aircraft
- AWAS and SMBC Aviation Capital in connection with various predelivery payment financings and sale/lease-back transactions relating to Boeing and Airbus aircraft
- Goldman Sachs in connection with the issuance by ATLAS 2014-1 Limited of $540 million of senior secured asset-backed loans which are secured by 30 aircraft sold and serviced by Aldus Aviation
- Deutsche Bank and Goldman Sachs as joint lead arrangers in connection with the debut issuance by Harbour Aircraft Investments Limited of $325 million debut asset-backed loans. The related aircraft are serviced by Aergen Aviation Finance Limited
- Goldman Sachs in connection with the issuance by Apollo Aviation Securitization Equity Trust 2014-1 of $556 million of senior secured asset-backed loans which are secured by 40 aircraft. (North American Deal of the Year, Airfinance Journal Awards)
- Bank of China in connection with the financing of various Airbus A320 aircraft owned by ICBC Financial Leasing Co.
- Siemens Financial Services in connection with the financing of a Boeing 737-800 aircraft owned by MAM Aviation I, LLC and on lease to American Airlines, Inc.
- Airbus S.A.S. in connection with various pre-delivery payment financings, sale leaseback transactions and limited-recourse financing
- SMBC Aviation Capital in connection with the restructuring of the operating leases for three Boeing 737 aircraft on lease to American Airlines
- Airbus S.A.S. in connection with the sale of 260 firmly ordered Airbus A320 family aircraft
- Agencia Especial de Financiamento Industrial – Finame, a subsidiary of the Brazilian Development Bank, in connection with 40 ERJ aircraft subject to the bankruptcy proceedings of Mesa Airlines
- HPS Investment Partners in a cross-border carve-out acquisition of a Canadian aircraft leasing business
Recognition
Previous Experience
- Before joining Hughes Hubbard, Terry was a member of the Banking & Finance Groups at Simpson Thacher & Bartlett and at Clifford Chance.
News & Insights For Terry Sanders
View All News & InsightsAirline Economics Awards Griffin’s $1.245B Aircraft ABS its Aviation 100 Global Deal of the Year
Airline Economics recognized Griffin Global Asset Management's $1.245 billion aircraft ABS as the Aviation 100 Global Overall Deal of the Year at its Global Leaders Awards ceremony.
ABI Recognizes GOL Chapter 11 Cases as an International Matter of the Year
The American Bankruptcy Institute has awarded the chapter 11 cases of the GOL Linhas Aereas group the distinction of runner-up for the International Matter of the Year.
Hughes Hubbard Advises Griffin Global Asset Management on Closing of Inaugural $1.245 Billion Series into the Mid-Life Aircraft Master Trust Platform
Hughes Hubbard advised Griffin Global Asset Management, and GGAM Master Trust International, Ltd. and GGAM Master Trust US LLC, newly established special purpose companies comprising Griffin’s Midlife Aircraft Master Trust Platform, on the closing of the inaugural issuance of $1.245 billion of Fixed Rate Notes.
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