HALO AirFinance has closed its eighth senior loan with Crestone Air Partners and Blue Owl Capital investment vehicles. This marks the final loan for Crestone as part of a series of eight transactions.
This particular financing was for one CFM56-7B engine on lease to a European carrier. The series of eight transactions encompassed a mix of mature narrowbodies and engines leased to operators across Europe, Asia, and the Americas.
The previous loan was closed last month, with the financing supporting the acquisition of one mature A320-200 currently on lease to an Asian low-cost carrier.
"Completing this portfolio of transactions with Crestone underscores HALO’s ability to scale our platform to meet the evolving needs of our partners,” said Marc Cho, co-head and managing director of HALO.
“Across eight successful closings, we’ve proven the value of providing flexible capital solutions that unlock opportunities and drive sustainable growth in the aviation sector.”
Kevin Milligan, CEO of Crestone Air Partners, said: “These transactions further our ability to strategically grow our portfolio, while also reinforcing our commitment to working with partners who bring flexible capital solutions to the aviation market.”
HALO said that with this portfolio now finalised, it has “reinforced its position as a trusted source of capital” for global aviation.
HALO AirFinance is a joint venture between GA Telesis and Tokyo Century Corporation.