Clarus Capital completed an upsizing of its existing loan facility for an established, family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management. Clarus CEO...
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April 22, 2024, 07:44 AM
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Aircastle amended and extended all of its existing revolving credit facilities, which increases the aggregate capacity to $2.1 billion and extends the maturity dates of these facilities to 2027 and 2028.Aircastle closed a $1 billion senior, unsecured...
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February 16, 2024, 06:00 AM
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Willis Lease Finance, a lessor of commercial aircraft engines and global provider of aviation services, announced the appointment of Brendan Curran to its Board of Directors, effective Jan. 1, 2024.With a distinguished career in the aerospace...
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December 29, 2023, 07:04 AM
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Alvarez & Marsal’s (A&M) Aerospace, Defense, Aviation & Space (ADAS) practice enters its third year of doubling in growth, with the appointments of Pablo Wangermann and Joseph Perovich as Managing Director and Senior Director respectively. As part of...
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November 09, 2023, 07:49 AM
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Aquila Air Capital, a leading lessor focused on end-of-life solutions, announced the successful closing of a $100 million financing. Deutsche Bank acted as Sole Structuring Agent and Underwriter for the financing. The financing is aimed at increasing...
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November 08, 2023, 07:47 AM
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First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and...
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May 19, 2023, 07:48 AM
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Embraer closed a US$200 million credit facility to finance purchases from direct suppliers in the United States. This financing is being provided by Citibank and guaranteed by the Export-Import Bank of the United States (EXIM), the country’s official...
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March 09, 2023, 07:45 AM
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GA Telesis and Tokyo Century Corporation ("TC") announced the launch of its new joint venture lending platform, HALO AirFinance ("HALO"). HALO will serve as the exclusive debt origination channel for GAT and TC, with a focus on secured direct lending...
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March 06, 2023, 07:46 AM
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SMBC Aviation Capital closed a $1.5 billion loan facility with the Japan Bank for International Cooperation (JBIC) through one of their shareholders, Sumitomo Mitsui Finance and Leasing Company (SMFL). JBIC signed the loan agreement with SMFL which...
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February 27, 2023, 07:00 AM
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Great Rock Capital closed a $20 million senior secured credit facility with Jet East, a Gama Aviation Company. Jet East is a one of the nation’s leading aviation maintenance providers for scheduled maintenance, unscheduled on-demand mobile...
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January 19, 2023, 08:00 AM
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KKR and Altavair L.P., a leader in commercial aviation finance, announced that KKR is making an additional $1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come...
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January 12, 2023, 07:54 AM
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Siena Lending Group completed a $50 million asset-based revolving line of credit to MD Helicopters, LLC, a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility, and VIP...
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October 20, 2022, 07:10 AM
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Aircastle Limited increased the size of its unsecured revolving credit facility to $1 billion from $900 million by way of a $100 million commitment from BMO Harris Bank. The facility expires in April 2025 and provides working capital for general...
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September 14, 2022, 07:00 AM
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Aviation Capital Group entered into a $425 million senior unsecured term loan with a syndicate of lenders and Mizuho Bank Ltd, as administrative agent. The term loan matures in July 2025 and includes an accordion feature allowing for an additional...
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September 06, 2022, 07:08 AM
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BizCap secured a $20 million credit facility for its client, Schweizer RSG, a leading manufacturer of helicopters and aviation industry parts supplier. The new ABL revolving credit facility will be used to finance production, enabling Schweizer to...
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August 30, 2022, 07:53 AM
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Aircastle Limited announced the appointment of Roy Chandran as Chief Financial Officer as of Sept. 1. On July 28, the company had announced the resignation of Aaron Dahlke, as CFO, and that Chandran would serve as the Interim Chief Financial Officer...
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August 26, 2022, 05:00 AM
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Natixis Corporate & Investment Banking closed a $300 million acquisition facility for SKY Leasing, proceeds of which will be used to facilitate the purchase of 12 off-lease 737 MAX 8 aircraft. “We are very pleased with the success of this...
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July 01, 2022, 07:11 AM
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Air Industries Group, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, announced Webster Bank (formerly...
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May 19, 2022, 07:52 AM
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FTI Consulting announced the appointment of Scott Gibson and Marty Kuehne as Senior Managing Directors in the global Aviation practice.The appointments of Gibson, who is based in New York, and Kuehne, who is based in Chicago, significantly enhance...
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May 10, 2022, 07:09 AM
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Clarus Capital completed a new $20 million credit facility for a regional airline.Clarus’ transaction team was led by Matt Worman. “We are delighted to have partnered with our client to provide a constructive, tailored financing solution to support...
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April 18, 2022, 07:23 AM
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Voyager Aviation Holdings, a global full-service aircraft asset lessor and manager, announced the closing of a five-year senior secured warehouse facility with an initial committed amount of $500 million.Citibank, N.A. (“Citi”) acted as Global...
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February 28, 2022, 07:45 AM
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Wingspire Capital provided a senior secured credit facility to AvAir, LLC, a global supplier of aftermarket parts for commercial passenger and cargo aircraft.Since its inception in 2000, Arizona-based AvAir has developed a reputation as a nimble...
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February 08, 2022, 08:02 AM
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CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term...
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January 13, 2022, 07:15 AM
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BizCap successfully structured and secured $60 million in financing for AvAir, a global leader in the aviation aftermarket that supplies components to a broad variety of commercial passenger and cargo aircraft operators. This expanded...
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January 11, 2022, 07:51 AM
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Vmo Aircraft Leasing (“Vmo”), a global full-service aircraft lessor, announced the closing of a five-year senior secured warehouse facility with an initial committed amount of $600 million.Credit Suisse Securities (USA) and Natixis Corporate and...
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December 07, 2021, 07:03 AM
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Air Industries Group, an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors, announced that Sterling National Bank ("Sterling National") has agreed to expand the size of and extend the...
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November 30, 2021, 07:50 AM
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GA Telesis closed a new five-year, $225 million ABL credit facility led by HSBC Bank USA and Fifth Third Bank as Joint Lead Arrangers. The syndication was met with overwhelming interest and allowed the Company to improve terms while expanding its...
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November 16, 2021, 07:58 AM
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36th Street Capital funded a $14 million equipment financing of rotary aircraft for a provider of medical air rescue and transportation services.“The risk profile of this transaction did not fit well within the balance sheet of our bank originations...
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November 08, 2021, 08:00 AM
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AerCap Holdings N.V. has completed its acquisition of the GE Capital Aviation Services business (GECAS) from General Electric.The acquisition positions AerCap as the worldwide industry leader across all areas of aviation leasing: aircraft, engines...
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November 01, 2021, 07:21 AM
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Davidson Kempner Capital Management, an institutional investment management firm, announced the launch of Ashland Place Finance ("Ashland Place"). Ashland Place is an institutional financing platform offering innovative capital solutions to the...
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September 21, 2021, 07:36 AM
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KKR has agreed to invest $40 million in preferred equity in Jet Edge International (“Jet Edge” or the “Company”), an Ohio-based global leader in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream...
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September 10, 2021, 07:10 AM
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Air Canada launched the syndication of a new senior secured term loan B expected to mature in 2028 (the "Term Loan"), and completed the syndication in respect of a new senior secured revolving facility expected to mature in 2025 (the "Revolving...
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July 19, 2021, 07:43 AM
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Marathon Asset Management closed a $155 million senior credit facility for Avenger Flight Group, a leading independent provider of enterprise flight training solutions to aviation clients worldwide. Marathon anchored the loan alongside three other...
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July 07, 2021, 07:33 AM
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Wintrust Commercial Finance, a division of Wintrust Asset Finance, announced its new group supporting businesses in the aviation industry. Wintrust Commercial Finance Aviation Group will be led by new hire Michael Cole as senior vice president...
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June 15, 2021, 07:40 AM
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CIT Group is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for approximately 60 commercial...
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June 11, 2021, 08:09 AM
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Jet Edge International, a global leader in full-service private aviation responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the United States, and KKR, a leading global investment firm, announced that credit...
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June 09, 2021, 07:43 AM
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Macquarie Infrastructure Corporation and KKR announced the signing of a definitive agreement for MIC to sell its Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations. Atlantic Aviation operates...
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June 07, 2021, 08:05 AM
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Funds managed by Stonepeak Infrastructure Partners (“Stonepeak”), a private equity firm specializing in infrastructure investing, have partnered with Bellinger Asset Management (“Bellinger”) to complete the acquisition of a US$1.1 billion performing...
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May 25, 2021, 07:00 AM
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Portside, a provider of cloud-based software solutions for the global business aviation industry, announced an investment of $17 million led by Tiger Global Management, with participation from existing investors including I2BF Global Ventures and...
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May 21, 2021, 07:40 AM
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Azorra Aviation Holdings entered into an agreement with funds managed by Oaktree Capital Management, under which Oaktree and Azorra’s founders will invest $350 million to expand Azorra’s commercial aircraft leasing business.Led by a seasoned team of...
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March 17, 2021, 07:55 AM
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Alvarez & Marsal (A&M) has appointed New York-based Luigi “Lou” Peluso a Managing Director in its Private Equity Performance Improvement group. Mr. Peluso, who has extensive experience in the aerospace and defense industries, will serve in the firm’s...
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October 22, 2020, 07:30 AM
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Alvarez & Marsal (A&M) announced the hire of James Marceau as Managing Director in its Private Equity Performance Improvement Group, based in Boston. Marceau has joined the senior leadership team of A&M’s global Aerospace, Defense & Aviation practice...
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July 31, 2020, 08:14 AM
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KKR, a global investment firm, and Altavair AirFinance, a commercial aviation finance company, announced that the two firms have entered into an agreement to form a long-term partnership to pursue the creation of a leading, global portfolio of leased...
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January 03, 2019, 08:18 AM
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Natixis announced that it has appointed Yevgeniya (“Gene”) Levitin as Managing Director, Aviation Industry Group. She will report to Gareth John, Global Head of Aviation, and will be based in NY. “We are very pleased to have Yevgeniya join our...
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September 21, 2018, 07:04 AM
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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...
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June 29, 2017, 07:21 AM
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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...
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June 19, 2017, 07:17 AM
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MidCap Financial announced it has provided a $150 million senior credit facility to Erickson Incorporated, a global provider of aviation services. The credit facility supports Erickson’s emergence from Chapter 11 bankruptcy and will provide ongoing...
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May 08, 2017, 07:04 AM
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Global Aviation Holdings, Inc., the largest commercial provider of charter air services to the U.S. military and a major provider of worldwide commercial global passenger and cargo air transportation services, today announced that the Company and its...
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November 12, 2013, 07:29 AM
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Erickson Air-Crane, 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, entered into a...
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May 03, 2013, 08:03 AM
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