Dublin-based lessor Elix Aviation Capital has launched a $350 million all-turboprop warehouse facility, Airfinance Journal has learnt.
The tenor of the facility is four years and the facility is expected to grow over time to $450 million.
BNP Paribas, Citi, and Deutsche Bank were the mandated lead arrangers and structuring agents on the deal. Nomura Babcock & Brown came in as a lender just before the closing of the deal.