Avolon Completes New $1.1B Loan Facility, Reports Q1 Profit Rise
Credit: Boeing
Aircraft lessor Avolon has agreed to a new $1.1 billion unsecured term loan facility, as it released quarterly results showing a rise in net income and lease revenue. The new facility is split equally between a drawn loan and a revolving credit facility and has a tenor of five years, Avolon said...
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