ACIA Aero Leasing has completed a successful extension and expansion of its syndicated credit facility, led by Investec Bank.
The facility now includes both term loan and revolving credit tranches, with the addition of a new subordinated term loan tranche.
ACIA said the new financial structure provides “increased flexibility and funding capacity to support ACIA’s growing aircraft portfolio and global leasing operations”.
Absa Corporate and Investment Banking has joined the syndicate alongside two leading institutional investors, Ninety One and Sanlam Alternative Investments.
It was claimed this marks “a significant broadening of ACIA’s banking relationships and lender base”.
The firm leasing specialist added: “This expansion underscores strong lender confidence in ACIA’s business model, portfolio, and growth strategy, with this latest facility reflecting a tailored, scalable financing solution designed to meet ACIA’s dynamic needs.”
Bradley Gordon, senior vice president banking and capital markets at ACIA Aero Leasing, said:
“We are very pleased with the successful expansion of our lender basis and extension of our credit facility.”
“The addition of Absa, Ninety One and Sanlam Alternative Investments into the syndicate, alongside the continued support and leadership of Investec Bank, demonstrates the deep trust placed in us by our financing partners. We are grateful for their commitment and support.”
John Shaw, aviation finance consultant at Investec Bank, added: “This transaction reflects our ongoing commitment to ACIA. We are proud to lead this syndicate and to have brought in new partners who share our confidence in the strength of ACIA’s business.”
Kobus Swart, structured asset finance director at Absa Corporate and Investment Banking , said:
“We are very proud to join the lending syndicate supporting ACIA Aero Leasing, a business that continues to demonstrate resilience, agility and long-term growth potential in the global aviation sector.”
The expanded facility will support ACIA’s continued growth and its ability to provide innovative and flexible leasing solutions to regional airlines worldwide.
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