Demi Hueth
The Grace Building
1114 Avenue of the Americas
32nd Floor
New York, New York 10036
Demi is a senior associate on the Aviation Finance Team. Demi’s practice focuses on aviation, including corporate, asset-backed and structured financings in the loan and capital markets, restructurings and joint ventures. Demi also works on funds finance matters, where she primarily advises borrowers in negotiating and documenting subscription credit facilities. Demi has worked on some of the most complex and innovative financings involving aircraft, including multiple transactions that have been recognized by industry publications as “Deals of the Year”.
Experience Highlights
PureWest Energy, LLC, a leading Rocky Mountain independent natural gas producer, in connection with the first-of-its-kind issuance of investment-grade rated subordinated notes out of two existing PDP well securitizations through an aggregator vehicle
Lenders in an innovative delayed-draw term loan secured by 35 end-of-life aircraft, with an accordion feature to finance an additional blind pool of aircraft subject to certain concentration limits and eligibility criteria
MUFG in an innovative term loan for end-of-life aircraft owned by Aero Capital Solutions
Castlelake Aviation Holdings (Ireland) Limited and its affiliates, in the acquisition of a portfolio of aircraft on lease to a South American airline and the conversion of a number of leases for freighter aircraft from operating leases to finance leases
Underwriter in SOLRR 2021-1, a $707 million aircraft-backed securitization serviced by Stratos and Altavair and the first aircraft ABS with two unaffiliated servicers
Sponsors and servicers on JOL Air 2019-1, the first aircraft-backed ABS combining a debt securitization with a Japanese operating lease structure; Recognized as “ABS Deal of the Year” by Airfinance Journal in 2019
Lead arrangers in the first-ever sustainability-linked loan with an airline in connection with the amendment to JetBlue’s existing $550 million senior secured revolving credit facility; Recognized as “North America Deal of the Year” by Airfinance Journal in 2020
Purchasers of a ratable instrument in the first “Lessor EETC” transaction, sponsored by Castlelake; Recognized as “Editor’s Deal of the Year” by Airfinance Journal in 2020
Sponsor in MAPS 2021-1, a $540 million aircraft-backed securitization serviced by Merx
Sponsor in MAPS 2018-1, a refinancing of a $507 million aircraft-backed securitization serviced by Merx; Recognized as “Aircraft Lessor Capital Markets Deal of the Year” by Global Transport Finance
Underwriters in CLAS 2019-1, an $868 million aircraft-backed securitization and equity offering serviced by Castlelake; Recognized as “Americas Capital Markets Deal of the Year” by Airline Economics in 2019
Sponsor in Silver 2019-1, a $548 million aircraft-backed securitization and equity offering serviced by BOC Aviation (Ireland) Limited
Underwriters in the START 2018-1, START 2019-1 and 2019-2 aircraft-backed securitizations and equity offerings serviced by GECAS; START 2018-1 was the first aircraft ABS that sold equity in a 144A/Reg S format and was recognized as “ABS Deal of the Year” by Airfinance Journal in 2018
Equity investors in Sapphire 2018-1, a $768 million aircraft-backed securitization serviced by Avolon
PureWest Energy, LLC, a leading Rocky Mountain independent natural gas producer, in connection with the first-of-its-kind issuance of investment-grade rated subordinated notes out of two existing PDP well securitizations through an aggregator vehicle
Investors in a securitized financing transaction and private placement of $162 million notes by a special purpose vehicle associated with an independent energy company, which included a combination of 8.243% Class A notes and 12.725% Class B notes offered and sold pursuant to Section 4(a)(2)
Terra Energy Holdings LLC in its securitization transaction consisting of a private placement of $525 million notes by Terra ABS I LLC
Investors in Diversified Energy Company PLC and Oaktree Capital Management’s joint ESG-aligned $460 million asset-backed securitization of certain co-owned producing natural gas and oil assets
Jonah Energy LLC, one of the leading sustainable natural gas producers in the U.S., in its inaugural securitized financing transaction involving $750 million of fully amortized notes backed by a portion of Jonah’s producing assets
White Deer Energy, on behalf of its portfolio company, Riverside Energy Michigan, the largest producer of oil and natural gas in Michigan, in a securitization transaction and private placement of $240 million of 4.802% Notes (due May 2027)
Lenders in an innovative delayed-draw term loan secured by 35 end-of-life aircraft, with an accordion feature to finance an additional blind pool of aircraft subject to certain concentration limits and eligibility criteria
MUFG in an innovative term loan for end-of-life aircraft owned by Aero Capital Solutions
Lenders in two innovative term loans for end-of-life aircraft for entities owned by Aero Capital Solutions
Aligned Data Centers in an approximately $3 billion term loan and revolving loan facility secured by undeveloped real property assets
New Pacific Airways, a start-up airline with transpacific operations, in multiple senior secured loans to finance acquisitions as it expands its fleet
RAVN Alaska, a regional airline operating in Alaska, in multiple aircraft acquisitions and back-leverage transactions
Arrangers and agent in a syndicated $300 million secured revolving loan facility for Spirit Airlines secured by aircraft, engines, spare parts, real estate and slots, gates and routes collateral
Arrangers and agent in a syndicated $550 million secured revolving loan facility for JetBlue Airways secured by aircraft, engines, spare parts, flight simulators and slots, gates and routes collateral
Arrangers and agent in a syndicated $250 million secured revolving loan facility for Atlas Air secured by aircraft and engines
Castlelake Aviation Holdings (Ireland) Limited and its affiliates, in the acquisition of a portfolio of aircraft on lease to a South American airline and the conversion of a number of leases for freighter aircraft from operating leases to finance leases
AerCap Ireland Limited and its affiliates in connection with the sale of a portfolio of 8 aircraft on lease to another leading leasing company
Castlelake in connection with the conversion of 6 leases with Tampa Cargo from operating leases to finance leases
Bank of America’s leasing platform with the sale of two aircraft on lease to WestJet to a leading leasing company
New Pacific Airways, a start-up airline with transpacific operations, in various aircraft purchase and lease transactions to grow its fleet
RAVN Alaska, a regional airline operating in Alaska, in multiple aircraft acquisitions and back-leverage transactions
Borrowers in a warehouse facility secured by aircraft for funds managed by Merx
Lenders in a warehouse facility secured by aircraft for Stellwagen
Lenders in a warehouse facility secured by aircraft for AerCap
Aircraft lessor in connection with its recapitalization
Purchasers in a $607 million Lessor EETC sponsored by Castlelake
Purchasers in a $109 million Lessor EETC sponsored by BBAM
Purchasers in an $89 million Lessor EETC sponsored by BBAM
Purchasers in a $182 million Lessor EETC sponsored by BBAM
Purchasers in a $482 million Lessor EETC sponsored by Altavair
Purchasers in a $482 million Lessor EETC sponsored by Castlelake
A multijurisdictional private equity vehicle focused on investment in secondaries managed by Morgan Stanley in connection with a $1 billion subscription credit facility
A multijurisdictional private equity vehicle focused on green investments managed by Morgan Stanley in connection with a €95 million subscription credit facility
A multijurisdictional private equity vehicle managed by Morgan Stanley in connection with a $150 million subscription credit facility
Credentials
- New York University School of Law, J.D., 2016 (NYU Journal of Law & Business, Executive Editor)
- University of Notre Dame, B.A. in Anthropology and German, 2010
- Chambers USA, “Associates to Watch” in Transportation: Aviation: Finance (Nationwide), 2024
- Selected to the Rising Stars list, Airfinance Journal, 2024
- Legal 500 U.S., Transport: Aviation and Air Travel: Finance, 2023 and 2024
- New York
- German (proficient in spoken and written)
- Deals & CasesAugust 21, 2024
- Rankings & AwardsJune 12, 2024
- Rankings & AwardsJune 6, 2024
- Rankings & AwardsMarch 14, 2024
- Vinson & Elkins Aviation Finance 2023 Recap: Top 5 Headline Events that Shaped the Aviation IndustryInsightDecember 22, 2023
- Rankings & AwardsJune 12, 2023
- Deals & CasesJune 1, 2023
- InsightMay 4, 2023
V&E Aviation Finance Update
- Deals & CasesOctober 31, 2022
- Deals & CasesOctober 21, 2022
- InsightSeptember 14, 2022
V&E Aviation Finance Update
- InsightAugust 17, 2022
V&E Aviation Finance Update
- InsightMay 23, 2022
V&E Aviation Finance Update
- InsightMarch 29, 2022
V&E Aviation Finance Update
- Press ReleaseJanuary 18, 2022