Airborne Capital has closed its inaugural investment grade rated corporate note financing. The $20 million corporate note financing is offered through its US subsidiary Airborne Capital USA. Proceeds from the transaction will be used to refinance existing debt and for growth capital.
“This new capital raise paves the way for further growth and allows us to continue expanding our asset management business,” said Hari Raghavan, a partner at Airborne Capital. “This financing reflects our strong commercial position, and better positions us to serve our clients in the increasingly evolving aviation space”
Airborne Capital currently manages in excess of $2bn of aircraft assets for a wide variety of institutional investors and airlines.
Raghavan added: “This transaction marks a significant milestone for Airborne. It represents the confidence that institutional investors have in Airborne Capital.”
Brean Capital served as Airborne Capital’s exclusive financial advisor and sole placement agent in connection with the transaction.
Airborne Capital closes its inaugural investment grade corporate note financing
