Vedder Price is pleased to announce that it represented Zephyrus Aviation Capital (“Zephyrus”) in relation to its closing of a $350 million warehouse finance facility. The facility is specially designed for mid- to older-life aircraft and the unique financing opportunities that they present. This is the first warehouse facility for Zephyrus and follows the successful launch of the company's highly acclaimed ZCAP 2018-1 ABS facility in 2018.
“We’re proud to be a part of Zephyrus’s growth and success since their formation over a year and a half ago,” said Global Transportation Finance Shareholder Adam R. Beringer. “Our team’s work on this warehouse facility once again highlighted our ability to partner with clients on complex financing solutions designed to meet specific strategic growth plans, and we look forward to continuing our support of Zephyrus as they execute their strategy.”
In addition to Mr. Beringer, the Vedder Price deal team included Daniel M. Cunix and Jillian S. Greenwald.