Avolon Holdings Ltd., a global aviation finance company, has raised $1 billion through a new unsecured dual-tranche bank facility with a group of six banks based in the Middle East, the company announced.
The four-year facility includes both conventional and Islamic tranches and builds on Avolon’s $750 million credit facility secured in June 2024, which also saw strong participation from regional banks. This latest transaction brings five new banking relationships to Avolon in the Middle East.
Emirates NBD Capital Ltd. acted as coordinator, initial mandated lead arranger and bookrunner. Abu Dhabi Commercial Bank PJSC and Warba Bank K.S.C.P. also served as initial mandated lead arrangers and bookrunners.
Combined with a $1.1 billion senior unsecured facility announced on April 29, Avolon has raised $2.1 billion in new unsecured financing in the second quarter of 2025.
“This facility further expands our banking relationships in the Middle East consistent with our strategy of diversifying our sources of capital,” said Ross O’Connor, Avolon’s chief financial officer. “It demonstrates the strong appetite in the region for high quality aviation lending opportunities.”
As of March 31, Avolon’s fleet includes 1,096 owned, managed, and committed aircraft across 60 countries.
