Aircastle boosts revolving credit
Aircraft lessor, Aircastle, has increased the size of its existing unsecured, revolving credit facility to $600m from $450m.
The facility will be used for working capital, including the acquisition of aircraft. Citibank, Goldman Sachs, JP Morgan Chase and Royal Bank of Canada are acting as joint lead arrangers.
Citibank, Goldman Sachs, JP Morgan Chase, Royal Bank of Canada, Credit Agricole Corporate & Investment Bank, DBS Bank, Los Angeles Agency, Union Bank, and Deutsche Bank are the lenders.