Mitsubishi UFJ Financial Group (MUFG) has announce the closing of a US$40 million senior secured term loan facility for Aero Capital Solutions (ACS).
This structured facility will support ACS’ acquisition of four aircraft, two 737-800s and two A320s. In addition to being the underwriter of the structured facility, MUFG also acted as the hedge provider.
Ricardo Ramos, EVP Investments at ACS says: “ACS is pleased to have a new lending relationship and is looking forward to future transactions with MUFG.”
“We are excited to have closed this inaugural transaction with Aero Capital Solutions Inc.,” says Benoist de Vimal, Head of Aviation Originations in the Americas at MUFG. “We appreciate ACS’ trust in our bank and look forward to supporting them with their needs in the future.”