Castlelake secures $1bn long-term aviation financing facility, acquires over 60 aircraft assets

Castlelake has secured commitments for over $1bn of aviation financing in a term loan facility, in order to support its continued investment in and acquisition of in-demand aviation assets. Commitments for the term loan facility, which was designed to provide longer term flexibility compared to short duration warehouse facilities, were provided by Deutsche Bank, Goldman Sachs, BNP Paribas and MUFG. Castlelake is in various stages of acquiring more than 60 aircraft assets from leasing companies, airlines and other aircraft owners using financing from the facility. The aircraft financed by the facility – or contemplated to be financed by the facility