The loan deal, which is initially for one season, includes an option to buy Hincapie for £45 million at the end of the season. This means that Hincapie will play for Arsenal for the time being, but the club has the opportunity to make the transfer permanent in the future.
Hincapie has played a significant role for Bayer Leverkusen over the past four seasons, making 166 appearances and scoring seven goals. He is an international player from Ecuador and has gained valuable experience playing in the Bundesliga.