Credit Suisse, Natixis, UMB Agent $600MM Warehouse Credit Facility for Vmo Aircraft Leasing

Aircraft lessor Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee. The initial syndicate of lenders also includes Wells Fargo Bank, MUFG and Credit Agricole.

“We are very pleased to have received sizable commitments from a diverse group of leading aviation lenders in our inaugural transaction,” Meghan O’Connor, senior vice president and head of capital markets for Vmo Aircraft Leasing, said. “This warehouse facility provides us with the capacity and flexibility to support airline customers as we execute on our rapid growth strategy to become a leader in the aircraft leasing sector.”

Milbank acted as legal advisor, A&L Goodbody acted as Irish legal advisor and E&Y acted as Irish tax advisor to Vmo on the transaction. Vedder Price acted as legal advisor to the lenders.

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