Genesis adds BayernLB as co-lender to $450 million credit warehouse facility

Genesis, a Dublin based commercial aircraft leasing company, added BayernLB to its $450 million warehouse facility as a co-lender. The facility was led by Citibank, with BayernLB joining Morgan Stanley and Bank of America as co-lenders. “Genesis are happy to diversify our lender base and we look forward to continuing our relationship with BayernLB in the future,” said Genesis CFO Adam Smyth. BayernLB director aviation & space Viktor Berta commented: “The transaction represents our first aircraft-secured warehouse participation and we are pleased to add this product to our offering while welcoming Genesis amongst our clients. “Building lasting relations with expert