VAH AND AV AirFinance Limited Announce Inaugural Funding
STAMFORD, Conn.–(BUSINESS WIRE)–Voyager Aviation Holdings, LLC (“VAH” or “the Company”) announced that it has refinanced one of its 777-300ER aircraft, which is leased to a European airline. The financing, which was provided by AV AirFinance Limited (“AV AirFinance”), represents the inaugural transaction between the two companies. The transaction creates a new lending partnership with AV AirFinance and also addresses one of the company’s secured debt maturities in 2022, generating additional cash to support VAH’s growth plans.
“We are pleased to have approached our nearest debt maturity and improved VAH’s overall secured debt profile,” said Sean Ewing, Chief Financial Officer of VAH. “We are very pleased to crystallize our relationship with AV AirFinance with this finalized financing and look forward to future transactions with the AV AirFinance team,” added Christian Ginez, Head of Strategic Finance at VAH.
Ryan Jasinski, Senior Vice President of AV AirFinance, said, “The AV AirFinance team is excited to work with VAH and continue to provide long-term financing solutions to help grow their platform.
About Voyager Aviation Holdings:
VAH is a private aviation investment company and commercial aircraft leasing company based in Dublin, Ireland. Its assets of approximately $1.7 billion consist mainly of young and modern aircraft. The company has a global customer base of leading passenger and cargo airlines including Air France, AirBridgeCargo Airlines (ABC), Breeze Airways, Cebu Pacific, iFly Airlines, ITA Airways, Philippine Airlines, Sichuan Airlines and Turkish Airlines. .
About AV AirFinance Limited
AV AirFinance is a loan servicer focused on arranging commercial aircraft financing for airlines, lessors, manufacturers, cargo operators and investors, secured by new and new commercial aircraft and engines. ‘opportunity. AV AirFinance offers commercial aircraft loans approaching $1 billion. AV AirFinance is based in Dublin, Ireland. For more information, visit www.avairfinance.com.
Forward-looking information and statements
This press release contains certain forward-looking information and statements (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities laws. Use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “may”, “will”, “project”, “should”, “believe”, “plan “, “intend” and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained in this press release speak only as of the date of this press release, and Voyager Aviation Holdings, LLC undertakes no obligation to publicly update or revise any of the forward-looking statements included, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.