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Conyers advises on Aircastle’s Increase in its US$450 million Bank Revolving Credit Facility

April 2014 Jason Piney

Conyers Dill & Pearman advised Aircastle Limited in connection with its US$450 million unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada, as Joint Lead Arrangers, and Citibank, N.A. as agent. The bank group was expanded to nine institutions and the facility's term was extended to four years and will expire in March 2018. The facility, which will be used for working capital, including the acquisition of aircraft, was increased to US$450 million from US$335 million.

Jason Piney of Conyers’ Bermuda office advised on the matter working alongside Milbank, Tweed, Hadley & McCloy LLP and Cahill Gordon & Reindel LLP represented the lenders.

 


Jason Piney
Director

Bermuda   +1 441 299 4993


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Deals & Transactions

Conyers advises on Aircastle’s Increase in its US$450 million Bank Revolving Credit Facility

04 April 2014 Jason Piney

Conyers Dill & Pearman advised Aircastle Limited in connection with its US$450 million unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada, as Joint Lead Arrangers, and Citibank, N.A. as agent. The bank group was expanded to nine institutions and the facility's term was extended to four years and will expire in March 2018. The facility, which will be used for working capital, including the acquisition of aircraft, was increased to US$450 million from US$335 million.

Jason Piney of Conyers’ Bermuda office advised on the matter working alongside Milbank, Tweed, Hadley & McCloy LLP and Cahill Gordon & Reindel LLP represented the lenders.

 


Jason Piney
Director

Bermuda   +1 441 299 4993


 

expertise

Aviation


JURISDICTION(S)

Bermuda


International Office(s)

Bermuda