FOR IMMEDIATE RELEASE London, 24 March, 2015 MAGI FORMALISES JOINT VENTURE WITH KOREAN ARRANGER YOUJEE PARTNERS (l-‐r: Peter Vardigans, Jun Park, Sean Cleghorn, Pumsoo Ra, John Sharman) London-‐based aviation finance specialist Magi Partners has entered into an exclusive collaboration agreement with Seoul-‐based Youjee Partners, the leading arranger of aircraft finance in the Korean non-‐bank institutional investor market. The Korean institutional market represents a rapidly evolving and increasingly significant source of long term private placement capital for aircraft finance, and is a primary focus for Magi Partners and Youjee Partners. The agreement formalises an existing close relationship between Magi and Youjee and follows two recent landmark transactions jointly arranged by the two firms: a junior debt refinancing for an A380 leased to Singapore International Airlines (closed Oct 2014) and a 15 year Korean Finance Lease for a new A380 for Etihad Airways (closed Feb 2015). John Sharman, co-‐founder of Magi Partners said: “Korean institutional investors are becoming an increasingly important source of long term capital for global aviation finance. Our collaboration with Youjee, as the market leader in the Korean market, has strategic significance for both firms and enhances our ability to serve our investor base and airline clients.” Pumsoo Ra, CEO of Youjee Partners said: “We are delighted to have cemented our partnership with Magi. This will further strengthen our mutual capability and also provide us and our investors a direct connection with Magi’s aircraft management business, MPAM. We fully expect that the combined team’s skills, experience and business relationships will ensure many more years of success.“ For further information please contact Magi Partners: John Sharman john.sharman@magi-‐partners.com +44 20 7464 4123 Peter Vardigans peter.vardigans@magi-‐partners.com +44 20 7464 4122 Sean Cleghorn sean.cleghorn@magi-‐partners.com +44 20 7464 4121 Magi Partners Limited, 1 Royal Exchange Avenue, London, EC3V 3LT Company Registration No: 08850269 2 About Magi Partners Magi Partners is an independent London-‐based arranger specialising in aviation finance and leasing and, in conjunction with Youjee, is the leading originator, arranger and (through its affiliate MPAM) manager of Korean-‐sourced aviation finance transactions. See also magi-‐partners.com About Youjee Partners Youjee was founded in 2004 and has since closed multiple international asset finance transactions with a wide range of Korean institutional investors. Since placing the first ever aircraft finance transaction in the Korean institutional market in 2012, they have been involved in the majority of non-‐bank aviation financings both by number and by value.
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