DCM includes 380 million US dollars funding for cargo aircraft successfully from the financial crisis despite the Munich-based DCM Deutsche capital management AG has revealed a debt financing four cargo aircraft of type Boeing 777-200LRF full amounting to approximately US$ 380 million. Including the planned equity, which currently is acquired in two funds, the financed volume of approximately $ 750 million Equity for three aircraft is currently raised in part by two investment companies, the placement start for the fourth aircraft will take place in 2009. Claus Hermuth as Chairman of DCM AG understands this funding as a signal for the market of closed-end funds: we started very early with the intense negotiations and were able to complete the financing on the terms planned months ago with the Bank Consortium despite the extremely difficult market environment. This certainly speaks for the reputation of our company and is an important and correct signal for the industry as a whole, especially in these times.” Involved in the financing of a total of six renowned, international financial institutions, including Calyon, are the Credit Agricole Group as investment bank is one of the seven largest banks worldwide, as well as the Sumitomo Mitsui Banking Corporation Europe. Furthermore, Deutsche Postbank AG, the West LB, Bayerische Landesbank and the Credit Industriel et commercial in the financing are included. DCM has acquired one of the four cargo planes to Deucalion capital VII limited (DC VII), by DVB Bank AG of advised and managed aircraft funds. The 2009 and 2010 delivery aircraft are about an operating lease to the Deutsche Post group and Lufthansa Cargo leased jointly founded cargo airline AeroLogic. The airport Leipzig-based company will operate flight in the spring of 2009.
The Boeing 777-200LRF offers an unprecedented combination of long-range, high capacity and cost-efficiency, and is considered the promising cargo aircraft in its class. At the DCM Aircraft funds is possible a participation from $ 15,000 plus five percent agio. Alternatively, you can pay this amount in euros. This, a total return of around 221 percent is intended, over a period of 17 years, which corresponds to an initial dividend of 7.25 percent per year. The Munich DCM Deutsche capital management AG is one of the leading independent emission houses in the German investment market. The investment amounts to more than Euro 4 billion since inception.