Jetscape Aviation Group, a commercial aircraft leasing and management company, has announced the closing of a $380 million Eagle I Limited Series Asset-Backed Securitization.

According to a Jetscape press release, it is the first ABS to close featuring an all-Embraer E-Jet portfolio and was priced with the tightest yield and margins for aviation ABS transactions since the global financial crisis. The company launched the transaction in order to refinance existing debt and to develop a more efficient long-term capital structure.

Pillsbury represented DVB Capital Markets LLC and Guggenheim Securities LLC as the other initial purchasers. Finance partner William Bowers led a team that included Corporate & Securities partner David Baxter, Tax partner Harsha Reddy, Finance senior associate Ulrika Palsson and Finance associates David Flickinger, Albert Huang, Dominic Pearson and Paul Sass.