Genesis Lease secures a $241 million 7-year debt facility

Genesis Lease Limited has secured a new $241 million, seven year debt facility on an existing portfolio of 11 aircraft. The facility was provided by three leading aviation financing institutions: HSH Nordbank AG, KfW Ipex-Bank GmbH and DVB Bank AG. Proceeds from the financing will primarily be used to refinance outstanding borrowings on the 11 aircraft under Genesis Lease’s revolving credit facility.

Email Post to a Friend Email Post to a Friend

Leave a Reply