HSH Nordbank, one of the largest corporate financing banks, through its Kuwaiti based counsel of Al Wagayan, Al Awadhi & Al Saif recently closed a $163.8 Million interim financing agreement with Kuwait’s International Cargo Airlines Company, K.S.C. This transaction, for two Boeing B747 and service agreements, marks another in a long line of large scale financing transactions by Alex Saleh and his team.

Established on June 2, 2003, HSH Nordbank AG is the result of the merger between Hamburgische Landesbank and Landesbank Schleswig-Holstein (LB Kiel). It has total assets of EUR 189 billion and roughly 4,400 employees around the world. HSH Nordbank is the leading international provider of financial services in the aviation, rail, infrastructure, and logistics segments