Steven I. Chung is a partner in the Corporate and Finance group of Hughes Hubbard & Reed and is co-chair of its Aviation group, the Head of the firm's Corporate and Finance group in Washington, DC and is a member of the firm's highest governing body, the Executive Committee.
Steven represents sponsors, lenders, export credit agencies and commercial banks in connection with a broad spectrum of international financial and corporate transactions, including acquisitions, joint ventures, domestic and cross-border secured and unsecured financings, leveraged leasing, structured financings, restructurings and credit enhancements in the US, Caribbean, South America, Asia and Europe. He has extensive experience in a wide variety of aircraft and other structured equipment financings, including representing clients in aircraft acquisitions and dispositions; domestic and cross-border leveraged lease transactions; aircraft portfolio securitizations (ABS); the issuance of enhanced equipment trust certificates (EETCs); syndicated credit facilities; pre-delivery payment and warehouse facilities; and joint venture transactions. He has worked on many of the most important financings involving aircraft, including the first 144A/Reg. S offering of ABS notes after the 2008 financial crisis and the first non-US airline enhanced equipment trust certificate (EETC) involving Cape Town Alternative A. Many of his deals have won "Deal of the Year" awards from leading industry publications.
Steven also represents sponsors, lenders, export credit agencies, commercial banks and equipment suppliers in connection with complex domestic and international financing arrangements, joint ventures, equity investments and restructurings, including securitizations, secured and unsecured lending, cross-border financings, structured financings, bankruptcies and workouts for capital intensive infrastructure, energy, telecoms, satellite and transportation projects, including fixed-line and wireless telecom installations, container terminal facilities and power facilities in the US, Caribbean, South America, Asia and Europe.