JetLease Capital Places Six Aircraft Deals in December 2016



JetLease Capital placed funding for loans on six fixed wing aircraft transactions in December 2016. The following are brief descriptions of the transactions:

  • New 2016 Cirrus SR22: The transaction was structured as a 20-year term, with a 20-year amortization, 80% LTV (loan to value) at an interest rate of 4.75%. The client is a small corporate borrower located in the Northeastern part of The U.S.
  • 2008 Citation Mustang: The transaction was structured as a five-year term with a 15-year amortization, 80% LTV, at a fixed interest rate of 4.95%. The client is a high net worth individual on the West Coast of the U.S.
  • 2000 Gulfstream G200: The transaction was structured as a five-year term with a 10-year amortization, 85% LTV at a fixed rate of 4.43%. The client is a high net worth individual.
  • 2002 Cessna Citation CJ2: The transaction was structured as an asset based non-recourse refinancing with a 5-year term, 15-year amortization at a floating rate of 3.52%. The client is a high net worth entrepreneur located in the Southern U.S.
  • Two SAAB 340 Turboprop Aircraft: The transaction was a refinancing of the two SAAB’s and structured as a five-year lease purchase.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com