BeauTech expands credit facility to US$1.40bn
BeauTech Power Systems (BeauTech) has amended and extended its revolving credit facility, raising total commitments from US$0.63 billion to US$1.40 billion and pushing maturity out to June 2031. The aircraft engine leasing, asset management and trading specialist said the amended facility was almost twice oversubscribed, underlining strong backing from existing lenders and new banking partners.
