Airborne Capital, a specialist aircraft leasing and asset manager headquartered in Ireland, has closed a $20 million investment grade-rated corporate note financing, offered through its U.S. subsidiary Airborne Capital USA.
Airborne Capital manages more than $2 billion of aircraft assets for a wide variety of institutional investors and airlines across the globe.
Proceeds from the transaction will be used to refinance existing debt and for growth capital.
“This new capital raise paves the way for further growth and allows us to continue expanding our asset management business,” said Hari Raghavan, partner at Airborne Capital. “This financing reflects our strong commercial position and better positions us to serve our clients in the increasingly evolving aviation space.”