AvAir secures US$170m to fund expansion

Aviation aftermarket specialist AvAir has secured US$170 million in new revolving credit facilities from a group of six financial institutions to support its growth strategy. The financing was provided by HSBC Bank USA, Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank and Sunflower Bank. The additional borrowing capacity will […]

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