Macquarie AirFinance upsizes and extends its unsecured revolving credit facility to $1.895 billion expiring on 31 July 2028

Macquarie AirFinance Holdings Limited (the “Company”), a global aircraft leasing company, announced today that on 30 August 2024, it extended and upsized its unsecured revolving credit facility (the “RCF”). As part of the amendment and restatement, the Company increased the total RCF commitments from $950 million to $1.895 billion, extended the maturity date by two years to 31 July 2028, and welcomed five new lenders to the facility. The successful initiative bolsters the Company’s liquidity position and will allow the company to capitalize on new growth opportunities, while continuing to meet the needs of its airline customers for both narrowbody and widebody aircraft.

Michael Sims, Chief Financial Officer of Macquarie AirFinance, commented, “We are pleased to extend and upsize our RCF. This strategic transaction underscores the confidence our financial partners have in our business model and growth strategy and supports our investment grade ratings, which remain a key focus for the business. We are thankful to have the support of our valued bank group.”

The RCF is supported by a syndicate of leading global banks, including Bank of Montreal, BNP Paribas Securities Corp, Citibank, N.A., Credit Agricole Corporate & Investment Bank, DBS Bank Ltd., Fifth Third Bank, N.A., ING Bank N.V., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd., MUFG Bank Ltd., Natixis, Sumitomo Mitsui Banking Corporation, and Westpac Banking Corporation. The RCF will be used for general corporate purposes, including the acquisition of additional aircraft and the refinancing of existing debt.