FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

BNP Paribas, Others Arrange $300MM Term Loan for Waypoint Leasing

September 05, 2014, 07:04 AM
Filed Under: Aircraft Leasing


Waypoint Leasing, a leading global helicopter leasing company, has raised a further $300 million in term loans to refinance existing assets previously funded under its revolving credit facility. BNP Paribas, MUFG Union Bank, N.A., RBC Capital Markets and Wells Fargo Securities acted as Lead Arrangers and were joined by asset financier Lombard, Sumitomo Mitsui Banking Corporation, Everbank Commercial Finance, Inc. and Capital One, National Association as Lenders. The facility also includes an accordion feature to expand the borrowing capacity further, up to $400 million.

This term loan brings Waypoint’s total capital raised to $1.2 billion to date. The financing further enhances the company’s ability to acquire attractive and varied helicopter assets to its fleet quickly and with scale.

Waypoint Leasing is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.