AV AirFinance Arranges Financing For GOAL
May 13 2024 - 3:00AM
Business Wire
AV AirFinance Limited (“AV AirFinance”), a global commercial
aviation loan servicer, today announced the arrangement of a $240
million loan facility with German Operating Aircraft Leasing GmbH
& Co. KG (GOAL), which will be secured by four (4) A320neo and
two (2) A321neo aircraft. AV AirFinance is acting as servicer on
the secured loan facility, which is funded by insurance and other
accounts managed by KKR, a leading global investment firm.
“We are thrilled to support GOAL and their partners on this
significant financing - it was a pleasure to work with the wider
GOAL team who trusted us to deliver a fully underwritten solution
within a short timeframe. This transaction highlights our
platform’s differentiated ability to underwrite large scale
financings tailored to customers’ objectives and we look forward to
working once again with the GOAL team,” commented Stephen Murphy,
CEO of AV AirFinance.
"We are extremely pleased with the outcome of this financing
arrangement with AV AirFinance, which plays a crucial role in
supporting our strategic fleet expansion plans. The professionalism
and efficiency demonstrated by AV AirFinance in managing this
transaction assure us that we have a reliable partner as we
continue to modernize our fleet and enhance our service
capabilities," said Christian Schloemann, Managing Director of
GOAL.
About GOAL German Operating Aircraft Leasing
GOAL is a joint venture of KGAL GmbH & Co. KG, one of
Germany’s leading independent investment and asset managers with an
investment volume of more than €16 billion and Deutsche Lufthansa
AG, one of the world’s premier carriers. GOAL currently owns and
manages 68 aircraft with an investment volume of approximately US$3
billion. It has broad experience in its core business of operating
leasing, technical asset management and aircraft remarketing and
has proven its professional know-how for more than 25 years. For
further information visit www.goal-leasing.de
About AV AirFinance Limited
Launched in June 2021, AV AirFinance was established by a team
of experienced industry professionals together with KKR. Since
inception, AV AirFinance has committed c. $3 billion of capital to
support its customers. AV AirFinance focuses on arranging financing
for commercial aircraft to airlines, lessors, manufacturers, cargo
operators and investors, secured by new and used commercial
aircraft and engines. AV AirFinance is headquartered in Dublin,
Ireland with offices in the US and Singapore. For more information,
please visit www.avairfinance.com.
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AV AirFinance Limited Ciara McGrath +353 1 267 8115
ciara.mcgrath@avairfinance.com