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News Stories (13 Results) - Aviation

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a $23 million senior secured loan with PCX Aerostructures (PCX), a leading supplier of highly engineered, precision, flight... Read Story

March 14, 2018, 07:12 AM

CIT Group Inc. announced that its Commercial Finance unit served as sole lead arranger for a $422 million senior secured loan financing to White Oak Commercial Aviation, LP, an affiliated entity of White Oak Global Advisors, LLC (White Oak) that is... Read Story

January 19, 2018, 07:19 AM

American Airlines, Inc. and American Airlines Group Inc. (AAG) entered into a Second Amendment to Credit and Guaranty Agreement, amending the Credit and Guaranty Agreement dated as of April 29, 2016, among American, AAG, the lenders from time to time... Read Story

August 22, 2017, 08:53 AM

Super G provided $3.5 million to a private equity backed firm that designs, manufactures, and supports NextGen compliant avionics systems that improve the safety, efficiency, and affordability of flying. The company was seeking to refinance its... Read Story

June 29, 2017, 07:21 AM

Aviation company GA Telesis, LLC announced the closing of a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to... Read Story

June 19, 2017, 07:17 AM

Air Transport Services Group, Inc. announced that it has obtained lender commitments for a one-year extension through May 2022 of its secured credit facility, and an expansion of its revolver portion.The amendment to ATSG’s agreements with a... Read Story

April 03, 2017, 07:07 AM

CIT Group announced that CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. Mesa Airlines is the... Read Story

September 23, 2016, 07:31 AM

TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank, provided a $15.5 million secured financing to support the acquisition of Aircraft Propeller Services, Inc. (APS or the Company) by Iron... Read Story

May 05, 2014, 07:58 AM

Prospect Capital Corporation announced today that Prospect has invested $92 million of debt and equity in Echelon Aviation LLC (“Echelon”). Prospect is the controlling shareholder of Echelon.Established in 2014, Echelon is an aircraft leasing company... Read Story

April 08, 2014, 07:11 AM

GB Credit Partners, the investment management affiliate of Gordon Brothers Group, announced it has acted as the administrative agent for a $73 million facility to Silver Airways supported by the company’s aircraft and other assets. Owned by Victory... Read Story

February 06, 2014, 07:56 AM

Aviation Capital Group (ACG) closed a four-year senior unsecured revolving credit facility of $850 million. The facility increases ACG's committed revolving debt capacity to $1 billion and provides increased flexibility to support its operations and... Read Story

October 21, 2013, 07:54 AM

Erickson Air-Crane Incorporated, a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane... Read Story

June 18, 2013, 07:09 AM

Air Lease Corporation announced today the closing of a four year unsecured revolving bank credit facility for $1.7 billion priced at LIBOR +1.45%, with no LIBOR floor.This new facility amends and updates our existing bank facility, by increasing the... Read Story

May 08, 2013, 07:16 AM