Hong Kong Aviation Capital closes new $725m 5 year warehouse facility

Hong Kong Aviation Capital (HKAC) announced the completion of a new $725m secured limited-recourse warehouse facility. The facility provides HKAC significant flexibility with 100% blind capacity to finance its future aircraft deliveries or refinance existing aircraft. The facility was oversubscribed and is priced competitively at a margin of 2.00%. The facility was structured by Credit Suisse and was widely syndicated to banks based in the Americas, Europe, the Middle East and Asia.