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News Stories (13 Results) - Aircraft

GovCon Funding completed $2.5 million financing for rotary aircraft an ground support equipment. The aircraft acquisition and ground support equipment, in support of an international contract, ensures our client’s mission success with the ability to... Read Story

May 03, 2021, 08:00 AM

GovCon Funding Corporation completed financing on a $5.5MM credit facility for a government contractor operating, in the Intelligence, Reconnaissance and Surveillance, (ISR) sector. The credit facility provides the government contactor with the... Read Story

April 27, 2021, 07:00 AM

ExWorks Capital provided $9 million in working capital financing to a California-based manufacturer of complete aircraft systems. Most recently, the company was awarded a contract to provide services to the U.S. government.ExWorks Capital provided... Read Story

December 15, 2017, 08:00 AM

Veritas Financial Partners announces the closing of a $10 million revolving credit facility for Ameriflight, LLC. Ameriflight utilized the proceeds to refinance their existing senior debt and to provide additional working capital for the... Read Story

August 04, 2017, 07:00 AM

Aircastle Limited increased the size of its unsecured revolving credit facility to $675 million from $600 million and extended its maturity by one year to May 2020.  The facility will provide working capital for general corporate purposes, including... Read Story

March 30, 2016, 07:09 AM

Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, announced that it has closed on the private placement of US$200 million of senior secured notes, representing Waypoint’s inaugural capital markets financing.... Read Story

September 08, 2015, 09:00 AM

CIT Group announced that CIT Aerospace provided a $27 million senior secured credit facility to Virgo Investment Group LLC, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL, an airline... Read Story

July 31, 2014, 07:58 AM

Avolon, the international aircraft leasing group, announces the closing of a new US$500 million secured debt facility. Transaction Highlights: New, secured US$500 million debt facility to finance Avolon’s growing fleet of aircraft. US$500... Read Story

March 17, 2014, 07:28 AM

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced that it has closed a new senior secured term loan of $1.5 billion. The loan will bear interest at LIBOR plus 275... Read Story

March 07, 2014, 07:26 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and is administrative agent for $51 million in senior credit facilities to Tronair, Inc.... Read Story

March 04, 2014, 07:19 AM

TAB Bank is pleased to announce it has provided a $2 million asset-based lending facility for an aerospace machining company located in the Northeast.  The new facility is based on accounts receivable and inventory and will provide for the ongoing... Read Story

September 26, 2013, 07:43 AM

First Capital, a specialized commercial finance company, provided an $8.75 million asset-based senior credit facility to a provider of commercial aircraft services.  The senior credit facility consists of a $7 million working capital revolver... Read Story

May 28, 2013, 08:02 AM

Salus Capital Partners, LLC announced it has provided a $45.5 million senior-secured credit facility to Rotorcraft Leasing Company, LLC. Rotorcraft, a portfolio company of Sankaty Advisors, LLC, is the largest privately-owned helicopter operator in... Read Story

May 15, 2013, 07:32 AM