High Ridge Aviation upsizes warehouse credit facility

High Ridge Aviation has upsized its warehouse credit facility and successfully completed primary syndication with three additional lenders joining three existing lenders. The seven-year debt facility originally closed in July 2023 with Deutsche Bank and Citi acting as co-structuring agents and mandated lead arrangers on the facility; Credit Agricole CIB joined the facility in October 2023. Wells Fargo Bank joined the facility in the fourth quarter of 2023 as an additional lender, and Royal Bank of Canada and PNC Bank, National Association have joined in 2024. With a lending group of six banks and over $1B in committed capacity, High Ridge Aviation maintains additional flexibility to upsize the facility as needed. “A warehouse facility of this caliber grants us greater capacity and flexibility as we support our airline clients,” said High Ridge Aviation CEO Greg Conlon. “We are privileged to have the support of these distinguished lenders as we continue to execute our growth strategy.”