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Avolon raises $750 million with new unsecured credit facility

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Avolon raises $750 million with new unsecured credit facility

Avolon has raised $750 million in a new unsecured credit facility with a syndicate of seven banks predominantly in the Middle East and India. The floating rate facility, which has a three-year tenor with options for extensions up to five years, is priced at SOFR +135 basis points. The proceeds will...

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