MUFG Announces $600 Million Senior Unsecured Term Loan Financing for Aircastle Limited and Subsidiaries
MUFG Announces $600 Million Senior Unsecured Term Loan Financing for Aircastle Limited and Subsidiaries |
[13-June-2025] |
NEW YORK, June 13, 2025 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups, proudly announces the closing of a $600 million unsecured term loan to support Aircastle Limited and Subsidiaries ("Aircastle"), a premier aircraft lessor. The facility will be used for supporting Aircastle's working capital needs for general corporate purposes, including aircraft acquisitions, through April 2030. MUFG acted as Left Joint Lead Arranger and Administrative Agent, with 18 banks participating in the facility. Roy Chandran, CFO, Aircastle, said: "The success of this transaction once again highlights the banking markets' recognition of our market leading franchise. The expanding relationships we've built with our banking partners is a strategic strength as we grow our portfolio of in-demand narrow-body aircraft." Benoist de Vimal, Head of Origination Aviation for Americas, MUFG, said: "We are proud to have led this facility for Aircastle. The unsecured term loan's success was illustrated by its oversubscription level." Olivier Trauchessec, Head of Global Aviation, MUFG, added: "The transaction was executed at a time of heightened volatility, which is a testament to Aircastle's financial strength and showcases MUFG's ability to navigate different markets with its Aviation clients." About MUFG and MUFG Americas MUFG's Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest internationally headquartered financial institutions in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com. About Aircastle Media Contact:
SOURCE MUFG Bank, Ltd. | ||
Company Codes: NYSE:MUFG |