In collaboration with a “large Japanese institutional investor,” Investec Aviation Finance has developed an aviation debt platform that will first focus on a $500 million (€465 million) portfolio of loan assets.
According to Investec, a portfolio of $70 million in senior loans covering six aircraft and airlines on three continents will be used as a seed for the newly developed platform with the unidentified investor.
About the Debt Platform
According to Investec, the relationship will see it co-invest in each business on the platform and create credit opportunities. Beyond loan origination, Investec will offer guidance on the continuing management of the portfolio, the business said, including suggestions for potential loan amendment, restructuring, repossession of aircraft, and exit opportunities.
“We are thrilled to support our new partners as they expand their footprint in aviation lending,” said Derek Wong, head of Investec Aviation Debt Funds. “We look forward to sharing our experience in structuring aircraft-backed transactions that achieve premium returns while focusing on capital preservation.
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“We look forward to delivering a broad range of competitive financing solutions to airlines and lessors through the combined resources of our respective institutions,” the statement reads.
