Aquila Air Capital (Aquila), a lessor focused on end-of-life solutions, says that it has closed a $100 million financing for an unnamed beneficiary.
The financing, Aquila says, it aimed at increasing its ability to deliver bespoke lease solutions for passenger and cargo operators across the globe.
"We are thrilled to announce the successful closing of this new credit facility. It will enable us to further our mission of being a trusted partner to all players in the value chain, from buyers and sellers of aircraft assets to operators,” said Al Wood, Aquila Air Capital’s Chief Executive Officer.
Deutsche Bank acted as sole structuring agent and underwriter for the financing.
“We’re building a world-class customer-centric organization that is uniquely positioned to provide a wide range of bespoke leasing solutions for complex transactions. We appreciate the strong support from our investor and lender base; it reflects the market's confidence in the outlook for our industry and Aquila’s operations," Wood added.