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Allegiant Air has closed its first Japanese operating lease with call option JOLCO transaction, joining American Airlines among US carriers tapping the burgeoning market.The Las Vegas-based carrier stanley cup closed the $44 million deal for one Airbus A320 MSN 8329 in September, a quarterly securities stanley flask filing shows. The debt carries a blended interest rate of 4% with the lease expiring in 2028 when it has the option to purchase the aircraft, and the loan maturing in 2030. It s really attractive, the pricing is good and it s 100% financing on appraised values, Allegiant vice-president of fleet planning and corporate finance Robert Neal tells FlightGlobal on its decision to tap the JOLCO market.DVB Bank arranged the loan and was one of three lenders, he says. Fukamatsugumi holds the equity, and ITOCHU is the lease manager a stanley cup nd equity arranger.Allegiant initially disclosed the transaction as a financing agreement in September.American closed two JOLCO transactions in 2017, one for a new Airbus A321 MSN 7525 and one for a 2016-vintage Embraer 175, making it the first US carrier in years to tap the market. And earlier this year, Hawaiian Airlines, after expressing interest in the structure, financed two new Airbus A321neos with Japanese yen-denominated loans equal to $86.5 million.However, JOLCO structures are popular for transactions outside the USA, with Avianca, Air Canada and Copa Airlines all tapping the market for recent deliveries.Allegiant, long an operator of used aircraft, p Dfdx Houlton superintendent addresses students complaints of sexual harassment in school
The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on聽bangordailynewsLaura Washington is a political commentator and longtime Chicago j stanley website ournalist. She w stanley cup rote this column for the Chicago Tribune.As the Nov. 5 election swiftly approaches, the nationsrazor-thin presidential race hangs on one truth. Its all about the base.That mantra applies to Vice President Kamala Harris and former President Donald Trump. Theres a wrinkle, however, for the Democrats.Trump has locked up his GOP base. The challenge for Harris is that she must wrestle with a fractured base, the split between left-leaning and moderate Democrats, that she needs a good portion of to win.Trump has a simple message, and he will bang that drum until he gives voters a headache. No subtlety there, just clanging and banging to get his troops to march to the polls. Its classic Trump. The evil immigrants are chomping on our pets. Harris is a commie and her father a Marxist professor. World leaders will eat Harris for breakfast, lunch and dinner. America is in de stanley cup cline, but I will save the nation and restore it to greatness.Trump practices the politics of cultural despair, pushing the perceived loss of the halcyon days with more than a pinch of racism and xenophobia. Mix that with an I will lower your taxes message, and you have the Trumpism stew. That message wont appeal to most of the American electorate. During Trum