Aergo Capital has successfully closed a warehouse facility with Investec Bank to finance aircraft transactions. The facility will be used to raise senior debt against on-lease commercial aircraft still to be acquired.
Other institutions who have provided funds include Deutsche Bank, PK Airfinance, DVB, Export Development Canada and Korean Development Bank. Aergo continues to receive support from existing debt partners and are pleased to work with new lenders as the portfolio continues to grow.
Smith, Gambrell & Russell (English counsel) acted for Aergo Capital and Vedder Price acted for Investec.
