STAMFORD, Conn., May 5, 2025 -- Aircastle Limited and Subsidiaries ("Aircastle") announced today that it entered into a new $600 million unsecured financing facility. MUFG Bank, Ltd. and Sumitomo Mitsui Trust Bank Limited, New York Branch acted as Joint Lead Arrangers along with sixteen additional lenders. Industrial and Commercial Bank of China Limited, New York Branch acted as Senior Managing Agent. MUFG Bank Ltd. is also Facility Agent.
The facility expires in April 2030 and provides working capital for general corporate purposes, including aircraft acquisitions.
Roy Chandran, Aircastle's CFO, stated, "This facility helps diversify Aircastle's funding sources with terms more favorable than we could have currently obtained in the bond market. Considering recent market volatility, our strong access to capital markets, especially in Asia, is a strategic strength along with our investment grade rating and unique ownership structure. After a successful Fiscal 2024, we're looking to continue our investment momentum in a profitable and disciplined manner."
About Aircastle Limited
Aircastle Limited acquires, leases, and sells commercial jet aircraft to airlines throughout the world. As of February 28, 2025, Aircastle owned and managed on behalf of its joint ventures 273 aircraft leased to 77 customers located in 47 countries.
Contacts:
Aircastle Advisor LLC
Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203 550-8899
jconnelly@aircastle.com
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