Aquila Air Capital, an engine lessor focused on end-of-life solutions, successfully executed a new financing for $100 million, upsizing the lessor’s current term loan facility to $200 million.
“We are very pleased to have successfully upsized our term loan facility,” Martin Ryan, vice president, financial planning an analysis at Aquila Air Capital, said. “This increase will be used to fund future investments as our customer demand continues to grow daily.”
Deutsche Bank acted as sole structuring agent and underwriter for the financing.
“Deutsche Bank are pleased to have executed this upsize and support the next phase of growth for Aquila,” Dominic Buncher, director at Deutsche Bank, said.
