Mitsubishi UFJ Financial Group (MUFG) has closed a US$52.3 million upsize for Viva Aerobus, one of Mexico's rapidly expanding low-cost carriers. This marks the second increase to the existing senior secured portfolio term loan, bringing the total financing to US$259.2 million. The loan now covers eight aircraft and four engines in total.
MUFG served as the sole structuring agent and mandated lead arranger for the transaction. The newly secured funding will support the acquisition of an additional two Airbus A321ceo aircraft by Viva Aerobus. The broader portfolio includes a mix of eight A320/21ceo-family aircraft and four Pratt & Whitney PW1133G geared turbofan engines.
Ciprian Rodriguez, Fleet Executive Director at Viva Aerobus, commented on the significance of the transaction: “We are excited to deepen our relationship with MUFG, a trusted partner in our long-term fleet strategy. This transaction marks another step forward in optimizing our capital structure through increased aircraft ownership, enabling sustainable growth while strengthening our balance sheet.”
The upsize demonstrates MUFG's ongoing commitment to supporting clients across the aviation sector, particularly those pursuing strategic fleet expansion and ownership models. By enabling Viva Aerobus to expand its fleet while maintaining financial resilience, MUFG continues to play a key role in the airline's long-term success.
