CIT Group, a global leader in aircraft finance, reported that CIT Aerospace provided a $27m senior secured credit facility to Virgo Investment Group, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL. Each aircraft is equipped with CFM56 engines. The financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada