STAMFORD, Conn., July 1, 2024 /PRNewswire/ -- Aircastle Limited
("Aircastle") has announced that it has received $300 million of equity from its shareholders,
Marubeni Corporation and Mizuho Leasing. This receipt is the second
tranche of a $500 million equity
commitment, the first tranche of $200
million having been funded in July
2023.
Mike Inglese, Aircastle's CEO,
commented, "Our shareholders continue to demonstrate their broad
confidence in our long-term investment horizon and unique business
model. The partnership we have built with Marubeni Corporation and
Mizuho Leasing enhances our investment grade rating and expands our
access to credit markets. With this capital payment, we look
forward to continuing our path to growth."
About Aircastle Limited
Aircastle Limited acquires, leases, and sells commercial jet
aircraft to airlines throughout the world. As of February 29, 2024, Aircastle owned and managed on
behalf of its joint ventures 252 aircraft leased to 75 customers
located in 43 countries.
Contact:
Aircastle Advisor LLC
Jim Connelly, SVP ESG &
Corporate Communications
Tel: +1-203-504-1871
jconnelly@aircastle.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/aircastle-shareholders-complete-500-million-equity-commitment-302186352.html
SOURCE Aircastle Advisor LLC