SMBC Aviation Capital closes $600 million syndicated financing

SMBC Aviation Capital has closed a $600 million syndicated financing transaction comprising a $200 million term loan and a $400 million revolving credit facility with a consortium of Asian-Pacific and European banks. The lessor says that transaction generated strong interest from the banking market resulting in “attractive terms reflecting SMBC Aviation Capital’s status as one of the industry’s highest rated, Investment Grade aircraft lessors”. Australia and New Zealand Banking Group acted as the global co-ordinator while six banks including Australia and New Zealand Banking Group, CaixaBank, Bank of China Macau Branch, Cathay United Bank, E.Sun Commercial Bank., Tokyo Branch and