AWAS favourably re-prices $530 million term loan

Dublin-based aircraft lessor, AWAS, has favourably re-priced its May 2010 $530 million Term Loan Facility to achieve a 250bps advantage over the previous terms. These revised terms will allow for increased flexibility supporting AWAS’ growth plans to acquire attractive new and used aircraft. Goldman Sachs Lending Partners LLC (Sole Syndication Agent) and Morgan Stanley Senior Funding, Inc., acting as Joint Lead Arrangers, successfully closed the transaction which was oversubscribed thanks to existing lenders upsizing and to new lenders joining the syndicate.