Aircraft Engine Lease Finance | Commercial loan | 05-24 | $40m | Transaction | Airfinance Journal

Aircraft Engine Lease Finance | Commercial loan | 05-24 | $40m

USA-based Aircraft Engine Lease Finance (AELF) has finalised a $40 million credit facility with Chicago-based Merchants Bank.

The credit facility is collateralised, in part, by four of AELF’s 10 Airbus A330-200s.

Those aircraft, which AELF acquired from Airbus Asset Management in 2016 and 2017, are on long-term operating lease with Canada’s Air Transat.


Deal Categories

Regions:
Latin America
Puerto Rico
Tagged as:
Secured
G8

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8