Aviation Group

R.W. Pressprich & Co. is involved in many areas of aviation finance. We actively trade Aircraft ABS, EETC/ETC and other complex structures. The RWP Aviation Finance team leverages an institutional sales force of 50 specialists who average more than ten years of experience with a network of relationships covering North America, Europe and Asia.

We provide our clients with aviation advisory and strategies supported by indepth analysis.Recently, we were lead manager for the inaugural $100mm global medium note for Avation PLC, a publicly traded aircraft leasing company based in Singapore. In addition, we have successfully completed mandates for Airbus, AerCap and Aviation Capital Group as well as remarketing $100mm+ E-Note from the Airspeed aircraft securitization.


pic Steve Welo, CFA

Managing Director

763-252-1650

 

Steve joined RWP in July 2010 after a 13-year career at Piper Jaffray, where he focused on aviation finance in both Institutional Sales and Investment Banking. Throughout his career, Steve has developed in-depth relationships with investors, aviation lessors, airlines, manufacturers and lenders. Mr. Welo received a B.A. Finance from the University of St. Thomas in St. Paul, Minnesota.

pic Clay Smith, CFA

Managing Director

763-252-1654

 

Clay joined RWP in 2009 as a Senior Analyst with responsibilities in special situation bank loans and aviation research. Prior, Clay spent 11 years in senior research roles at AIG, American Express, and most recently, at Deephaven Capital Management. As an institutional investor, Clay managed a large portfolio of Aircraft ABS securities as well as being actively involved in several corporate restructurings. Clay was also involved in the re-packaging of structured aircraft transactions. Clay holds a B.S. in Electrical Engineering from the University of California at Irvine, an M.S. in Electrical Engineering from the University of Southern California, and an M.B.A. from the University of Chicago.

pic Jeff Golbus, CFA

Head of Trading

763-252-1655

 

Prior to joining RWP in 2009, Jeff had spent the majority of his career as an institutional investor. As a Portfolio Manager of Distressed Credit at Deephaven Capital Management, Jeff was a large EETC/ETC investor and was actively involved in the United Airlines, Northwest Airlines and Delta bankruptcies. Previously, he actively handled workout situations at Nationwide Insurance from 2001 to 2005. Jeff received a B.A. from Michigan State University and an M.B.A. from the University of Chicago.

pic Emily Wilson, CFA

Managing Director

212-832-6259

 

Prior to joining Pressprich in 2012 as an institutional salesperson, Emily had traded the aircraft sector at Piper Jaffray and Morgan Stanley. As a trader, Emily transacted in EETCs, ETCs, aircraft ABS, private loans and other aircraft products. She also developed relationships with many investors, often advising them and providing perspective on the aircraft market and insight on specific securities. Emily received a B.S. in Mechanical Engineering from Harvard University.

Recent Deals and Announcements

Aviation Capital Group

Read announcement

AVAtion PLC

$100mm unsecured Global Medium Term Note (RWP – lead manager)

AerCap, AerCo Limited

Request for Direction (RWP acted as Solicitation Agent)

Airbus

$116mm Beacon 2012-1 Structured Senior Note

Aviation Capital Group

$373mm Consent Solicitation of ACG Trust I