FLY Leasing closes $250m aircraft acquisition facility

FLY Leasing, a leading global lessor of modern commercial jet aircraft, has closed a new $250m warehouse facility to support its ongoing acquisition of aircraft. The facility has a two-year draw down period followed by a three-year term period, maturing in November 2017. Deutsche Bank AG, Citigroup Global Markets, Morgan Stanley Senior Funding, Inc., RBC Capital Markets and BNP Paribas were the Joint Lead Arrangers and Bookrunners for the transaction.