Sirius Aviation Capital
Investec provides $12 million debt financing to Sirius Aviation Capital
Investec Aviation Finance (“Investec”) today announces the completion of a senior secured debt facility with Sirius Aviation Capital (“Sirius”).
Investec has provided $12 million of senior acquisition financing to acquire one mid-life A320 aircraft on lease to Air France.
“This facility demonstrates the importance of truly understanding clients and getting to the heart of their specific challenges”, said Lukasz Laski, representing Investec on this transaction. “In 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.”
Kieran Ryan, CFO of Sirius Aviation Capital, commented: “Sirius is pleased to close this financing facility with Investec. The Bank’s flexible approach around the structure, quick credit approval and onboarding process provided certainty of execution in a tight timeframe. The successful conclusion of this debt transaction is a continued endorsement of the market for mid-life, single-aisle aircraft and Sirius’s approach to targeting top-tier lessees."
About Sirius Aviation Capital
Sirius Aviation Capital is a global aircraft lessor based in Abu Dhabi Global Market and has an office in Dublin. The company deploys innovative strategies in the acquisition, leasing, and financing of aircraft to enable airlines to deliver exciting travel opportunities for their passengers. Sirius’s focus is on liquid mid-life narrowbody aircraft.