HALO AirFinance closed a credit facility for Republic Airways, a U.S. regional airline, to finance a portfolio of GE CF34-8E engines. This is the inaugural transaction executed under HALO’s first fund.
GA Telesis and Tokyo Century launched a new joint venture lending platform, HALO AirFinance, which will have a revolving credit facility led by Citigroup as structuring agent and Fifth Third Bank as co-lead arranger.
HSBC Bank and Fifth Third Bank served as joint lead arrangers on a five-year, $225 million syndicated asset-based lending credit facility for GA Telesis, an aviation integration company. The facility includes nine participating banks, with HSBC Bank as administrative agent.
GA Telesis launched a new division called Leveraged Finance Group to provide secured aircraft financing for lessors, investors and airlines. GAT appointed David Lloyd and Nolan Heske as managing directors of LFG.
Aviation company GA Telesis closed a new five-year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as joint lead arrangers and HSBC Bank as administrative agent.
GA Telesis increased its facility by $50 million to $150 million. Led by PNC Bank, the facility has participation from a total of six global and regional banks.