Avolon Holdings Ltd., a global aviation finance company, has completed a $1.1 billion senior unsecured term loan facility, the company announced Monday.

The five-year facility is split equally between a drawn loan and a revolving credit line, with participation from 17 banks — including seven new lenders to Avolon.

Mandated lead arrangers for the facility included DBS Bank, CaixaBank, Commonwealth Bank Group, Truist Financial, Cathay United, Allied Irish Banks, and Sumitomo Mitsui Trust Bank.

“Avolon continues to source capital from a diverse range of public and private channels, and this facility strengthens our balance sheet and enhances our available liquidity,” said Ross O’Connor, Avolon’s chief financial officer. “We were pleased to attract a broad range of participants, including several new banking relationships in Asia, reflecting the depth of demand for our credit among global banks.”

As of March 31, 2025, Avolon’s fleet comprised 1,096 owned, managed, and committed aircraft, serving 141 airlines across 60 countries.