14-Jun-2011 4:16 PM
AWAS secures financing deals
Analysis
Dublin-based lessor AWAS announced it has secured two financing deals over the past week. The company secured a USD500 million non-recourse warehouse facility to aid in its planned expansion and growth and also re-priced its May-2010 USD530 million Term Loan Facility to more favourable terms.
Summary
- AWAS, a Dublin-based lessor, has secured two financing deals to support its expansion and growth plans.
- The company secured a USD500 million non-recourse warehouse facility.
- AWAS also re-priced its May-2010 USD530 million Term Loan Facility to more favorable terms.
- Aircraft leasing stocks showed minimal movement, except for Air Partner which closed 3.2% lower.
- These financing deals indicate the continued growth and investment in the aircraft leasing industry.
- The daily share price movements of selected lessors on 13-Jun-2011 were relatively stable.
Aircraft leasing stocks showed only minor movement, with the exception of Air Partner which closed 3.2% lower.
Selected lessors daily share price movements (% change): 13-Jun-2011
