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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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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King Trade Capital (“KTC”) competed a $3MM purchase order finance facility for an aircraft parts company based in Texas. King Trade Capital was introduced to the company by a prior Client of KTC’s, who suggested that King Trade’s expertise and...
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October 25, 2023, 07:37 AM
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High Ridge Aviation – the strategic commercial aviation finance platform – announced a seven-year senior secured warehouse facility with an initial committed amount of $500 million. Citi and Deutsche Bank Securities Inc. acted as Co-Structuring...
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July 18, 2023, 07:30 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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Pegasus Airlines closed the first ever sustainability-linked aircraft-secured term loan (“SLL”), which was guaranteed by UK Export Finance for the financing of ten new Airbus A321neo aircraft. The transaction was led by Societe Generale, acting as...
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January 20, 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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Marathon Asset Management, a global credit manager, announced the closing of MAST 2022-1, its inaugural aircraft securitization. The transaction was privately issued and resulted in the placement of $304 million of debt backed by a pool of 15 Airbus...
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December 14, 2022, 07:05 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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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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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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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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ABL Aviation, the global independent aircraft investment management firm, announced that it has established a joint venture with Ellington Management Group (“Ellington”), an alternative investment manager, to opportunistically deploy capital across...
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November 03, 2021, 07:42 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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GovCon Funding Corporation, a Miami-based strategic advisory and financial services company, dedicated to financing middle-market companies operating in the aerospace and defense industry, completed funding of a $4.5MM transaction for corporate...
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September 01, 2021, 07:00 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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Funds managed by affiliates of Apollo Global Management and Merx Aviation, a global aircraft leasing, management and finance company, announced the closing of an issuance of $540.12 million of secured notes (the “Notes”) by MAPS 2021-1 Trust (“MAPS”)...
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June 21, 2021, 07:00 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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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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Ares Management Corporation and aviation industry veterans, including Bob Brown, Sean Sullivan and Will Hudson, announced the launch of Vmo Aircraft Leasing L.P. (“Vmo”), a newly-formed company to acquire and lease commercial aircraft. Funds managed...
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January 12, 2021, 08:00 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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Triumph Group, Inc. announced that it has raised $375 million by entering into a bank term loan with a maturity date of May, 2019 with its bank lending group, led by PNC Bank. Concurrently, the company amended its existing $1.0 billion revolving...
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November 20, 2013, 07:24 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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