Avolon, a leading global aviation finance company, announced the extension and upsizing of its unsecured revolving credit facility, supported by a syndicate of 25 banks. And the facility's maturity date has been extended by two and a half years from April 2026 to October 2028, and upsized by $1 billion to $5.8 billion over the course of this year.
Avolon invests with a long-term perspective, diversifying risk and managing capital efficiently to maintain a strong balance sheet. Working with 141 airlines in 62 countries, Avolon has an owned, managed, and committed fleet of 1,137 aircraft as of September 30 on a pro forma basis, including the proposed acquisition of Castlelake Aviation Limited.
This deal brings Avolon's total capital raised year to date to $12 billion, of which 75% was raised from unsecured sources.
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