Aircastle announces extension of US$600m revolving credit facility to May 2019

Aircastle reported that it extended the maturity of its existing unsecured revolving credit facility. The facility, which will be used for working capital, including the acquisition of aircraft, is for US$600m and will now expire on May 13, 2019. Mike Inglese, Aircastle’s CFO, stated, “We appreciate the strong continued support of our bank group and are pleased to extend Aircastle’s unsecured revolving credit facility to May of 2019. This facility, which is provided by nine leading global financial institutions, enhances our ability to grow and generate accretive returns for shareholders.”