News
03 December 2019
SMBC Aviation Capital secures $1bn JBIC loan
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Dublin-headquartered global aircraft leasing company SMBC Aviation Capital has secured a ten-year $1 billion loan facility with the Japan Bank for International Cooperation.
The facility will be used in part for SMBC Aviation Capital’s order book with Airbus and Boeing in the next few years.
SMBC Aviation Capital - which is invested in by Sumitomo Mitsui Finance and Leasing Co and Sumitomo Mitsui Banking Corporation - last month concluded the sale of 29 aircraft portfolio on behalf of aircraft securitisation company, Airspeed.
Under this deal, 28 aircraft were sold to aircraft leasing company Genesis. The buyer of one additional aircraft was not disclosed.
