SMBC Aviation Capital raises $1.5bn through global syndicated facility

Aircraft leasing company SMBC Aviation Capital, headquartered in Dublin, has finalised a five-year global syndicated finance facility, raising $1.5bn. The facility raised funds from 29 financial institutions, 13 of which are new banking relationships for the company. The syndicated finance facility comprises of a $375 million term loan and a $1.125bn revolving credit facility with a consortium of American, Asian, Australian, European, and Middle East banks. The revolving credit facility will “provide further operational flexibility for the future liquidity needs of SMBC Aviation Capital,” the company’s chief financial officer Aisling Kenny explained. “This transaction represents a further milestone in our