Avolon has again upsized one of its revolving warehouse facilities by $125 million with the addition of Scotiabank and Korea Development Bank to the syndication.
A stock exchange filing by Avolon’s parent company, Bohai Capital, shows that the addition of the two banks to the Avolon Aerospace (Warehouse 1) facility now takes its limit up to $730 million.
In February, Apple Bank for Savings and Bank of Tokyo-Mitsubishi MFJ provided a further $150 million in available credit for the same facility, which took its limit up to $605 million.
Avolon Holdings is the guarantor for the warehouse.
Source: Cirium Dashboard
