Aquila Air Capital Upsizes Term Loan Facility to $200 Million
20 Mayo 2024 - 8:06AM
Business Wire
Debt Financing to Fuel Growth of Lessor’s
Engine Leasing Business
Aquila Air Capital (“Aquila”), a leading engine lessor focused
on end-of-life solutions, announced the successful execution of new
financing for $100 million, upsizing the lessor’s current term loan
facility to $200 million.
“We are very pleased to have successfully upsized our term loan
facility. This increase will be used to fund future investments as
our customer demand continues to grow daily,” commented Martin
Ryan, Aquila Air Capital’s Vice President, Financial Planning and
Analysis.
Deutsche Bank acted as Sole Structuring Agent and Underwriter
for the financing.
“Deutsche Bank are pleased to have executed this upsize and
support the next phase of growth for Aquila," added Dominic
Buncher, Director at Deutsche Bank.
Since 2021, Aquila has grown a portfolio of more than 100
assets, consisting of commercial engines on lease to more than 20
operators across the world. Aquila’s portfolio consists of
CF6-80C2, CF6-80E, GE90-115B, CFM56-7B, CFM56-5B, PW4000, PW2000
and RB211-525E4.
About Aquila Air Capital
Founded in 2021, Aquila Air Capital (“Aquila”) is a specialty
finance platform focused on providing aviation asset financing, as
well as purchasing and leasing aircraft and engines. Led by a
management team with decades of experience in the aerospace and
aviation industries, Aquila is a trusted partner to all players in
the value chain, from buyers and sellers of assets to operators in
need of creative and timely solutions for their critical business
needs. www.AquilaAirCapital.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240516771271/en/
Al Wood PR@AquilaAirCapital.com