AviLease has closed an unsecured revolving credit facility (RCF) totalling $1.5bn.
Together with the company’s existing revolver of $750 million, this facility brings AviLease's immediately‑available committed facilities to $2.25bn, spanning 25 local and global lenders.
“This enhanced liquidity positions us to continue our expansion, investing in latest‑technology, fuel‑efficient aircraft while maintaining the conservative financial policy that underpins our strategy,” said Edward O'Byrne, CEO of AviLease.
The Saudi-based lessor said that the three-year facility was “significantly oversubscribed”, attracting commitments from 20 banks globally, including eight new banking partners from Europe, Asia and North America.