MUFG closes senior secured term loan facility for Aero Capital Solutions Inc.
The USD 40 million senior secured term loan facility will support the client’s acquisition of two 737-800 aircraft and two A320 aircraft.
New York, September 7, 2023 – Mitsubishi UFJ Financial Group (MUFG) is pleased to announce the closing of a USD 40 million senior secured term loan facility for Aero Capital Solutions Inc. (“ACS”).
This structured facility will support ACS’ acquisition of four aircraft, two 737-800s and two A320s. In addition to being the underwriter of the structured facility, MUFG also acted as the hedge provider.
Ricardo Ramos, EVP Investments at ACS says “ACS is pleased to have a new lending relationship and is looking forward to future transactions with MUFG.”
“We are excited to have closed this inaugural transaction with Aero Capital Solutions Inc.,” says Benoist de Vimal, Head of Aviation Originations in the Americas at MUFG. “We appreciate ACS’ trust in our bank and look forward to supporting them with their needs in the future.”
About Aero Capital Solutions
Aero Capital Solutions, Inc. (ACS) is a leading lessor of mid-life aircraft and engines with over US$1.6 billion AUM. Since it was founded in 2010, it has deployed over US$3.5 billion on acquisitions with institutional finance partners and via privately offered investment funds. ACS has executed more than 300 unique aircraft and engine transactions since 2020. ACS is headquartered in Austin, Texas with teams in Dublin and Singapore. For more information about ACS, visit www.aerocapitalsolutions.com.
Charlie Hampton / Alexa Lloyd
Tel: +44 (0)7884 187297
About MUFG and MUFG Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 countries. MUFG has nearly 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be “the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
MUFG’s Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest foreign banking organizations in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.