|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
            
|
|
Chris Chaput heads the firm's Structured Finance Group, which focuses on secured financings and off-balance sheet transactions (including leveraged leasing) primarily involving commercial and corporate jet aircraft, but also including rail cars, real estate, ships and other assets. Since joining Seabury in 2002, Mr. Chaput and the Structured Finance team have been extremely active in arranging and executing new aircraft financings on behalf of airlines worldwide. In the last three years, Seabury Structured Finance arranged over $5.0 billion of new aircraft lease and mortgage financings (as well as financing related pre-delivery payments) covering more than 200 new regional, narrowbody and widebody aircraft. In addition, Seabury Structured Finance has led negotiations for new aircraft financing commitments in excess of $3.0 billion for future delivery aircraft for various airlines worldwide. Mr. Chaput has overseen the restructuring of various airlines’ major financial commitments to aircraft manufacturers and other large financing companies, involving the restructuring of PDPs, the timing and composition of aircraft orders and other related complex secured financings. Mr. Chaput has been an innovator in the structuring and restructuring of EETCs—publicly traded, highly structured, aircraft-backed bonds. Recent activities include a $500 million sale-leaseback of EETC-encumbered aircraft during the course of a Chapter 11 case in order to raise additional liquidity. In addition, he has refinanced $450 million of EETC bonds in bankruptcy, which dramatically lowered the financing cost to the issuer airline. Seabury Structured Finance maintains a constant dialogue with hedge funds, private equity firms and other special opportunity investors in an effort to identify aircraft financing opportunities that will meet the specific needs of airlines in a restructuring mode. Seabury has been very active in assisting airlines and
investors in sourcing and disposing of used aircraft, including $100 million
in transaction volume in 2005. In addition to traditional aircraft and
other asset finance, Seabury Structured Finance has arranged warehouse
debt facilities and private equity for various asset leasing ventures.
Before joining Morgan Stanley, Mr. Chaput was the Managing Director-Corporate Finance at Northwest Airlines (1990-1998) with wide-ranging responsibilities that included public and private capital markets issuance, liability management, rating agency relationships, aircraft finance, disposition on non-core businesses, acquisition planning and the restructuring of complex Japanese land mortgages. He initially served as Tax Counsel, advising on transactional matters, IRS audits and appeals, and tax-related lobbying. Mr. Chaput practiced law with a Minneapolis law firm from 1986-1990, specializing in corporate, partnership and tax law. As a tax litigator, he won all 11 trials and appeals in which he appeared, including three cases in the Minnesota Supreme Court. He also worked in the Tax Department at Coopers & Lybrand from1985 to 1986. Mr. Chaput earned his B.A. from Creighton University, magna cum laude, and his J.D., cum laude, from the University of Minnesota Law School, where he taught Business Planning for two years as an adjunct professor. He is a NASD Registered Representative and is Series 7, 24 and 63 qualified. He also has his CPA certificate.
|
|
|
|
||||
Home |
Services | Company | Industries
| Clients | Contact Us | News | Sitemap |
||||
