Irish lessor Avolon has secured $500 million in debt financing which will be used to finance its aircraft deliveries in 2014. “The successful closing of this $500 million facility demonstrates our ability to secure flexible, cost efficient and long-term capital to finance our continued growth,” Avolon CFO Andy Cronin said. Avolon has raised $800 million since January, building on the $1.6 billion worth of debt financing it secured in 2013. The latest $500 million is an eight-year ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.