Wings Capital Partners closed a $500 million secured loan facility with a syndicate of six major international banks including Deutsche Bank, New York Branch, BNP Paribas, Credit Agricole Securities, Goldman Sachs, MUFG Union Bank and Natixis.
Deutsche Bank acted as structuring agent on the transaction.
The five-year loan facility contains a two-year acquisition period and can be upsized to $750 million. The facility will be used to acquire a portfolio of predominantly narrow-body commercial jet aircraft.
