Capital A’s new revenue bond allows AirAsia to reactive and expand its fleet  

Capital A has signed a $443 million revenue bond for AirAsia. The company describes this as a “critical step in the ongoing commitment to strengthening its financial position and accelerating growth for its airline business”.   Two leading private credit funds, Ares Management Corp and Indies Capital Partners, will provide $200 million of the funding, which will be strategically utilised to reactivate aircraft that were grounded during the pandemic. The remaining $243 million tranche, subscribed by aircraft lessors will be used to refinance existing lease liabilities, further strengthening its balance sheet.  Capital A says that this financing represents a “significant