Falko Announces Closing of $388.2 Million Facility for Falko Regional Aircraft Opportunities Fund II
London, 25 April 2023 – Falko Regional Aircraft Limited (“Falko”), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, is pleased to announce it closed a $388.2m Term Loan financing in February 2023.
The facility is secured by a portfolio of up to 41 aircraft owned by the Falko Regional Aircraft Opportunities Fund II.
Citi, Deutsche Bank AG & Goldman Sachs Bank USA acted as Co-Structuring Agents and Mandated Lead Arrangers.
Allen & Overy acted as legal advisor to Falko with Milbank as legal advisor for the Lenders. UMB is the Managing Agent and Security Trustee.
About Falko
Falko Regional Aircraft is the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft leasing segment. Falko is one of the longest standing managers of regional aircraft globally. Falko’s strategy is focused on growing its portfolio of funds and aircraft under management and the continued development of products and services in support of its aircraft lease management activity.
Falko was formed in July 2011 through the purchase of BAE Systems Asset Management and its associated aircraft portfolio. In May 2022, Chorus Aviation Inc. (TSX: CHR) completed the acquisition of Falko and equity interests in aircraft managed by Falko. Headquartered in Halifax, Nova Scotia, Chorus is an integrated provider of regional aviation solutions, including asset management services.
For further information about Falko, visit www.falko.com or follow us on Twitter: Falko_RA
Contact
Falko Regional Aircraft Limited
Phone +44 (0) 1707 271777