LONDON – June 9, 2023 – Investec and ACIA Aero Leasing (“ACIA”), a leading regional aircraft lessor, were named the 2022 recipient of the Revolving Credit Facility Deal of the Year award by Airfinance Journal (“AFJ”), recognising both companies’ involvement in a $59 million revolving credit facility transaction that enabled ACIA to finance a fleet of 14 aircraft.
“ACIA has been a long-standing client of Investec. During this time, we have got to know their business well. By understanding their requirements and from our enduring relationship, we were able to structure a facility that delivered the certainty, flexibility and speed of execution for ACIA to execute on its owned fleet growth,” commented Bradley Gordon, Head of Aviation Finance at Investec Bank in South Africa.
“The facility comprised an innovative master facility structure. This facility from Investec has given ACIA the flexibility to grow its owned fleet by taking advantage of acquisition opportunities as they presented themselves. Investec has been a steadfast partner of ACIA and we look forward to growing our relationship with them for many years to come,” added Mick Mooney, CEO of ACIA Aero Leasing.
The AFJ Global Awards recognise excellence among market participants on deals across airline, lessor, and OEM financings in all regions around the world.
About Investec
Investec partners with private, institutional, and corporate clients, offering international banking, investment, and wealth management services in two principal markets, South Africa and the UK, as well as certain other countries. The group was established in 1974 and currently has approximately 8,500+ employees. Investec has a dual listed company structure with listings on the London and Johannesburg Stock Exchanges.
About ACIA Aero Leasing
ACIA Aero Leasing (“ACIA”), a subsidiary of ACIA Aero Capital (“ACIA Group”), is a leading regional aircraft lessor headquartered in Ireland, with offices located in France, Canada, England, and South Africa. ACIA manages a portfolio of nearly 70 regional passenger and freighter aircraft on lease to operators in more than 21 countries globally. Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations. www.aciaaeroleasing.com
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