Mobile Menu
Deals & Transactions

Conyers advises on Aircastle’s Increase in its US$675 million Bank Revolving Credit Facility

Conyers Dill & Pearman advised Aircastle Limited (NYSE: AYR) in connection with its US$675 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; Citibank, N.A., as agent; and Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank, N.A., Royal Bank of Canada, Credit Agricole Corporate & Investment Bank, DBS Bank Ltd., MUFG Union Bank, N.A., BNP Paribas and Deutsche Bank AG New York Branch, as lenders. The facility’s maturity was extended by one year to May 2020. The facility, which will be used for working capital for general corporate purposes, including the acquisition of aircraft, was increased to US$675 million from US$600 million.

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

 


Chiara T. Nannini
Director

Bermuda   +441 298 7859


Jason Piney
Director

Bermuda   +1 441 299 4993


Accolades
_

"I enjoy working with them - they are very dependable, reliable and responsive."
- Chambers Global