Goshawk extends US$500 million secured warehouse facility to 2023

Goshawk, the Dublin-based global aircraft lessor, has extended US$500 million secured warehouse facility. This facility, originally put in place in 2015, is now extended to July 2023 and provides flexible capital that can be used to finance Goshawk’s target asset types of primarily young, new technology, narrow-body aircraft.

Goshawk entered the extension agreement with HSBC as lead arranger and lender, and Natixis Corporate & Investment Banking as lender. The terms of the extension will assist Goshawk in maintaining its healthy liquidity position while retaining the flexibility to grow its fleet in line with its commercial strategy.

Commenting on the transaction, Colin Golden, CFO Goshawk said: “We are delighted to work with a number of our key lenders on this deal, which represents an important validation of our platform and business model. The successful completion of this facility will support our aircraft acquisition program through to mid-2023. It will also allow us to continue to build our portfolio and further strengthen our market position in accordance with our long-term strategy.”