SDH Wings and Natixis Close $295 million Secured Portfolio Financing
SDH Wings International Leasing Limited (SDH Wings), a leasing company headquartered in Dublin, Ireland, today announced the closing of a US$295 million portfolio financing facility to support the continued growth of its business.
The committed facility will be used to finance the acquisition of an identified portfolio of six aircraft. The remaining commitment is available to provide flexible funding capacity to finance additional unidentified aircraft.
The financing was led by Natixis who acted as sole arranger, underwriter and bookrunner for the deal. The facility was syndicated to a bank group consisting of Airbus Bank, Bank of East Asia, KfW IPEX- Bank, LBBW, MUFG Bank and NAB, with syndication completing on June 8th, 2018.
Martin Sutton, General Manager of SDH Wings said: “The successful closing of this landmark portfolio facility provides us with committed and flexible financing to support the next phase of growth of our business. We are delighted to work with Natixis to close this important transaction and also to see the support and appetite from the aviation lending market for the SDH Wings platform and business.”
Gareth John, Natixis’ Global Head of Aviation said: “We are very pleased to have closed this first transaction with SDH Wings and to support the business and its shareholders at this exciting time in the company’s development”.