Avolon, the aircraft leasing group, reported a second capital raising of $650 million comprising $250 million of equity and $400 million of debt finance. The $250 million of additional equity has been raised from Avolon’s existing investors: Cinven, CVC Capital Partners and Oak Hill Capital Partners. A number of other investors have also participated in the equity raising including Oak Hill Advisors. The $400 million of debt finance was provided by three European institutions – DVB, Nord LB and KfW IPEX-Bank – in separate bilateral transactions. This additional capital raising brings the total capital raised by Avolon, since launch in May 2010, to in excess of $2 billion comprising $1 billion of equity and $1 billion of debt finance.
Up to 26,000 jobs secured in Spain until 2060 with latest Eurofighter contracts
March 28, 2023
A recent study by Pricewaterhouse Coopers (PWC) shows clear indications that two Eurofighter programme contracts will secure up to 26,000 jobs in Spain. The study was funded by Airbus and took six months to complete. The report focuses on the economic impact of the ‘Halcon’ and ‘Quadriga’ contracts which are relevant to Spain. The report
