Rory
McPhillips
Partner
Rory McPhillips is a partner in the Finance and Capital Markets Department.
Rory has considerable experience in advising financial institutions, equity participants, export credit agencies, commercial and investment banks, airlines, aircraft leasing companies and others in a wide range of matters over a number of years.
He represents clients in the financing and leasing of aircraft, railcars, engines, simulators, trucks and industrial equipment, and routinely handles all Irish aspects of financing structures established across multiple jurisdictions with aircraft and other assets deployed globally.
Experience and Education
Rory has experience advising:
- on a US$916 million aircraft asset-backed securitisation transaction involving the acquisition of a portfolio of 52 aircraft and one aircraft engine;
- various airlines in connection with their pre-delivery payment (PDP) financings;
- financial institution on the financing of a portfolio of 617 railcars;
- represented an Irish aircraft lessor in it its US$1.875 billion financing of a portfolio of 46 aircraft;
- an Irish aircraft lessor on a US$2.5 billion warehouse debt financing facility;
- an aircraft lessor on its closing of US$1 Billion in financings, comprising a US$550 million senior unsecured note issuance and a $464 million Term Loan B facility;
- on a US$713 million aircraft asset-backed securitisation transaction involving the acquisition of a portfolio of 54 aircraft and 6 aircraft engines;
- a financial institution in relation to its farm machinery finance programme in Ireland including hire purchase, financial leasing, dealer financing and inventory financing;
- represented an aircraft lessor in several Shariah-compliant financing transactions;
- an Irish aircraft lessor in connection with a $395,000,000 term loan financing secured by 23 aircraft;
- a lessor of Intermodal Railcars on a €55 million syndicated secured credit facility;
- various airlines in connection with Japanese Operating Lease with Call Option (JOLCO) structures;
- establishment of numerous orphan and SPV structures to finance a variety of assets including aircraft, railcars, helicopters, trucks, cars and simulator units; and
- a US$260 million aircraft asset backed securitisation transaction involving the acquisition of a portfolio of 30 aircraft.
- University College Dublin, Bachelor of Business and Legal Studies
- Solicitor, Ireland
- Solicitor, England and Wales (not practising)
