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FINWIRES

Daiwa Securities to Pick Up Stake in Ireland's Airborne Capital Under Expanded Alliance

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Daiwa Securities Group (TYO:8601) is acquiring a 10% voting interest in Ireland-based aircraft lessor Airborne Capital by buying common shares from existing shareholders, subscribing for subordinated notes, and obtaining warrants that could allow it to increase its interest to 20%.

The financial group will also nominate a director to Airborne's board as part of the expanded partnership, which builds on a business alliance first established in November 2024, according to a statement on Wednesday.

The two companies launched a joint venture, Daiwa Airborne, in January 2025 to offer Japanese Operating Lease (JOL) products to ultra-high-net-worth clients, and jointly developed an open-ended aircraft fund for institutional investors.

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