Investec Aviation Finance has provided more than $100 million of financing to Airborne Capital, an Irish specialist aircraft lease and asset manager.
The senior debt facility was secured against a portfolio of five young narrow-body aircraft. Each aircraft had a different lessee, including a mix of flag carriers and low-cost carriers, according to Airborne Capital. The facility was structured to cater to specific lease extension options while also addressing the maintenance contributions and end-of-lease return obligations.
“This deal will allow us to continue growing our business and client base.” noted Anand Ramachandran, CFO at Airborne Capital. “It was a pleasure to complete this first transaction with Investec, and we look forward to working with its team again in future.”
Investec is an international organization with listings on the London and Johannesburg Stock Exchanges. Its aviation finance team has raised and structured more than $10 billion o