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AWAS TO RECEIVE $729 MILLION IN NEW INVESTMENT, FUNDING

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AWAS TO RECEIVE $729 MILLION IN NEW INVESTMENT, FUNDING

AWAS announced that Terra Firma, Canada Pension Plan Investment Board and other co-investors have committed to invest an additional $529 million in the Dublin-based operating lessor by April and a another $200 million "to finance further value enhancing opportunities."

The initial investment by Terra Firma is $246 million, while  CPPIB is $266 million and other co-investors $17 million, following which Terra Firma’s interest in AWAS will be 60%, CPPIB’s 25% and other co-investors’ 15%.