Aquila Air Capital (Aquila), the Ireland-based aircraft lessor backed by funds managed by global alternative asset manager Wafra Inc., has announced the successful refinancing and expansion of its warehouse facility with ATLAS SP Partners (ATLAS), the warehouse finance and securitised products business majority owned by Apollo funds. The facility has been increased to US$400 million.
The expanded financing strengthens Aquila’s capacity to grow its diversified engine portfolio and capitalise on new market opportunities, including commercial aircraft powered by its target engine types. ATLAS acted as structuring agent and lead lender.
“We are delighted to significantly expand our existing facility as we accelerate our growth alongside our trusted partners at ATLAS,” said Gary Lew, Chief Financial Officer of Aquila Air Capital. “The increased capacity, flexible structure and competitive pricing reflect our lender’s confidence in both our existing portfolio and the long-term strength of our platform.”
Aquila owns more than 130 assets leased to 25 customers worldwide. Its portfolio includes both wide-body and narrow-body commercial aircraft and engines, supported by a high-quality customer base with strong credit profiles. By focusing on in-demand asset types, Aquila is well positioned to capture opportunities in aircraft and engine leasing, trading and remarketing.
