The USD 154 million senior secured portfolio financing will support the client’s acquisition of four A320ceo aircraft and four spare PW133 GTF engines, supporting the company in its expanding trajectory.
New York, NY (May 22, 2024) – Mitsubishi UFJ Financial Group (MUFG) is pleased to announce the closing of a USD 154 million senior secured portfolio term loan for Viva Aerobus (Viva).
The structured facility will support Viva’s acquisition of four A320ceo aircraft and four PW133 GTF engines. MUFG acted as the mandated lead arranger and structuring agent for the Mexican ultra-low-cost carrier.
“We are pleased to announce the successful completion of our structured facility and are excited about this new partnership with MUFG,” says Christian Ramos, Chief Financial Officer at Viva Aerobus. “With this transaction, we continue adding flexibility to our fleet and supporting our long-term growth plans, while strengthening our capital structure. We sincerely appreciate MUFG’s interest in Viva and hope to build on it in future transactions. I want to thank and recognize Ciprian Rodriguez, Viva’s Fleet Executive Director, and the Viva and MUFG teams for the efforts and hard work that made this successful transaction possible.”
“Viva has an impressive and successful track record,” says Benoist de Vimal, Head of Origination Americas at MUFG. “MUFG is very pleased to start the relationship with Viva and proud to support the growth of the company through this unique financing facility, combining aircraft and engines, which will be core to the airline’s fleet going forward.”