APOC Aviation has secured a multi-faceted financing facility with Deutsche Bank AG via its transportation structured finance group. The funds will be used to expand APOC’s existing business portfolio whilst underpinning further vertical integration of future complementary solutions.
“APOC is pursuing a dynamic trajectory as the business capitalises on opportunities that have been identified for expansion. We are pursuing a strategy of controlled growth that will propel APOC into a different stratum for trading, stocking and leasing aircraft assets,” said Gavin Simmonds, CEO of APOC.
Simmonds continued: “At the outset, we were focused on securing a facility of appropriate size with diverse borrowing criteria across a broad portfolio and aligned to our ambitious growth strategies. We have found Deutsche Bank’s open approach to be closely aligned to APOC’s company ethos and aspirations.”
“We will deploy US$140m of capital expenditure on aircraft and engine assets in the next 12 months,” concluded Simmonds,
APOC’s majority shareholder is private equity investor Egeria. The Netherlands -based fund has worked closely with the Company since 2020.
Sneha Kedia, director at Deutsche Bank commented further: “Deutsche Bank is pleased to have partnered with APOC on a facility that expands upon our more traditional aviation lending. We are confident that that the facility and relationship will grow and evolve as APOC penetrates a larger segment of the market with its leasing, exchange, and general trading of major assets and LRUs. APOC have demonstrated their market knowledge within the chosen Airbus, Boeing, Embraer and ATR sectors and have an aggressive expansion appetite which we are committed to funding as plans develop into tangible results.”
The flexibility offered by Deutsche Bank enables APOC to grow exponentially in both the short and medium term.