Aquila Air Capital, a lessor based in Ireland and backed by funds managed by global alternative asset manager Wafra, closed a $400 million refinancing and upsizing of its warehouse facility with ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.
With this expanded facility, Aquila is positioned to grow its engine portfolio and pursue new opportunities across the market, including commercial aircraft powered by Aquila’s target engine types. ATLAS is serving as structuring agent and lead lender.
“We are honored to materially upsize our current loan facility to accelerate our growth trajectory with our trusted partners at ATLAS,” Gary Lew, chief financial officer of Aquila Air Capital, said. “The additional capacity, flexible structure and competitive pricing highlight our lender’s confidence in our current portfolio and the future of our platform.”
