Joffe & Associés advised Aura Aero, a next-generation aircraft manufacturer based in Toulouse, in connection with the restructuring of its bond debt, carried out ahead of a €340 million financing.
Joffe & Associés advised Aura Aero, a next-generation aircraft manufacturer based in Toulouse, in connection with the restructuring of its bond debt, carried out ahead of a €340 million financing.
This transaction, marking a key milestone in Aura Aero’s development, includes a €50 million Series B funding round, €120 million in grants, and a €170 million debt tranche intended to finance the construction of its industrial sites in France (Toulouse–Francazal) and in the United States (Daytona Beach, Florida).
Founded in 2018 by three former Airbus engineers, Aura Aero aims to become a major player in European aerospace through its next-generation electric aircraft designed for pilot training and regional passenger transport, as well as its projects in the defense drone sector.
In connection with this transaction, the Joffe & Associés team included Thomas Saltiel, partner, Charlotte Viandaz, counsel, as well as Charlotte Duval, Antoine Danieck, and Clément Peillet, lawyers.
