MUFG has closed a $600 million unsecured term loan, to support lessor Aircastle’s working capital needs for general corporate purposes, including aircraft acquisitions, through April 2030.
"The success of this transaction once again highlights the banking markets' recognition of our market leading franchise,” said Roy Chandran, CFO, Aircastle. “The expanding relationships we've built with our banking partners is a strategic strength as we grow our portfolio of in-demand narrow-body aircraft."
MUFG acted as left joint lead arranger and administrative agent on the transaction, with 18 banks participating in the facility.