Sirius Aviation Capital, a global aircraft lessor headquartered in Abu Dhabi Global Market, has secured financing from Investec Aviation Finance for the acquisition of an aircraft.
Investec said it has provided Sirius Aviation the $12m (鈧�11.2m) senior secured debt facility to acquire one mid-life A320 aircraft on lease to Air France.
Lukasz Laski, who represented Investec on the deal, said: 鈥淭his facility demonstrates the importance of truly understanding clients and getting to the heart of their specific challenges.
鈥淚n this case, the remaining lease was relatively short, and the lessor was engaged in discussions around a lease extension, so the onus was on us to use our knowledge and expertise to find a bespoke solution.鈥�
Kieran Ryan, CFO of Sirius Aviation Capital, said: 鈥淭he Bank鈥檚 flexible approach around the structure, quick credit approval and onboarding process provided certainty of execution in a tight timeframe.
鈥淭he successful conclusion of this debt transaction is a continued endorsement of the market for mid-life, single-aisle aircraft and Sirius鈥檚 approach to targeting top-tier lessees.鈥�
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