Le Lézard
Classified in: Tourism and vacations, Transportation, Business
Subject: FNC

Aircastle Closes $100 Million Revolving Credit Facility with Mizuho Marubeni Leasing America Corporation


STAMFORD, Conn., Dec. 6, 2021 /PRNewswire/ -- Aircastle Limited ("Aircastle") announced today that it has closed a $100 million senior unsecured revolving credit facility with Mizuho Marubeni Leasing America Corporation, a US-based wholly owned subsidiary of Mizuho Marubeni Leasing Corporation. The facility expires in November 2023.

Michael Inglese, Aircastle's CEO, stated, "Our unique ownership structure is a competitive advantage supporting our favorable credit rating. This facility demonstrates an outstanding commitment to Aircastle's future by our shareholders through their joint venture, Mizuho Marubeni Leasing Corporation." 

Mr. Inglese continued, "Aircastle's professional aircraft leasing platform, well-diversified portfolio, and ready access to capital markets position us well as the aviation market continues to recover and we pursue growth 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 August 31, 2021, Aircastle owned and managed on behalf of its joint ventures 264 aircraft leased to 76 customers located in 42 countries.

About Mizuho Marubeni Leasing Corporation

Mizuho Marubeni Leasing Corporation provides creative, value-added, and timely financing proposals and services to a wide range of customers. The company is a joint venture of Mizuho Leasing Co. Ltd and Marubeni Corporation.

Contacts:       

Aircastle Advisor LLC                                                                        

Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203 504-1871
jconnelly@aircastle.com

(PRNewsfoto/Aircastle Limited)

 

SOURCE Aircastle Limited


These press releases may also interest you

at 00:57
Wednesday 19/01/2022 LOTTO 6/49 estimated jackpot $6 million03, 12, 19, 37, 39 & 45 Bonus 47 LOTTO 6/49 Guaranteed Prize06512882-04 ONTARIO 4914, 20, 32, 39, 42 & 44. Bonus 43. POKER LOTTO Winning Hand: Winning Hand: 9-S, 2-C, 5-D, Q-H, 2-D. Legend:...

19 jan 2022
There has been a constant rise in the demand for product premiumization in toys market which is influenced by the expansion of the product portfolio, as per the latest research report of "Toys Market in Europe - Forecast and Analysis"....

19 jan 2022
With ever-changing travel requirements coming and going (and coming again) at popular tourist destinations, there has never been a greater demand or interest in travel insurance. Inquiries for quotes at Yonder Travel Insurance, a travel insurance...

19 jan 2022
Las Vegas Sands announced today that it will release its financial results for the quarter ended December 31, 2021 on Wednesday, January 26, 2022. The company will release its financial results shortly after the market close of the New York Stock...

19 jan 2022
Royal Caribbean International takes adventure tableside aboard the world's newest wonder, Wonder of the Seas, unveiling a lineup of more than 20 dining venues headlined by the debut of The Mason Jar Southern Restaurant & Bar. On board the highly...

19 jan 2022
United Airlines (UAL) today announced fourth quarter and full year 2021 financial results and reiterated confidence in its longer term United Next financial targets. The company achieved every major financial guidance target for the fourth quarter ?...



News published on 6 december 2021 at 19:00 and distributed by: