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Setna expands credit facility to fuel global growth

Setna iO has expanded its credit facility
Setna iO has expanded its credit facility © Shutterstock

Setna iO has announced the successful amendment and expansion of its commercial credit facility, increasing total borrowing capacity to US$550 million. This development underscores the company’s strong financial position, characterised by robust earnings, low leverage, and a scalable global platform.

The expanded facility reflects the continued confidence of six leading commercial banks in Setna’s long-term strategy, operational model, and consistent execution. It provides additional financial flexibility to support ongoing investment across key business units, including Setnix, Setnix UK, PartsLab, Zulu, and LGT, while further strengthening the company’s global parts trading and MRO capabilities. The anticipated addition of J&C Aero to the group is also set to enhance Setna’s international reach and broaden its service offering.

Setna remains focused on disciplined, sustainable growth, maintaining high standards of operational excellence and delivering reliable value to customers and partners. Over the past decade, the company has evolved from an initial concept into a scaled global platform, supported by a committed and high-performing team.

Looking ahead, Setna views its current position as an early stage in a longer growth trajectory. Its ambition is to establish itself as a global leader within the aviation aftermarket and services sector. The company has expressed appreciation for the continued support of its banking partners, business collaborators, and employees, whose collective efforts underpin its ongoing success.

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VP Sales & Business Development Americas
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
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Malte Tamm
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Phone: +49 (0)162 8263049

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