AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant. Proceeds of the five-year facility will be used to support spare parts acquisitions to meet existing customer demand and fuel AJW’s steady growth.
Working with Shawbrook on this credit facility, Wells Fargo acted as arranger and agent. AJW was advised by EY Corporate Finance and by Vedder Price.