Investec Aviation Finance has created an aviation debt platform in partnership with a “major Japanese institutional investor” to initially target a $500m (€465m) portfolio of loan assets.
Investec said the newly created platform with the unnamed investor is being seeded with a portfolio of $70m of senior loans across six aircraft and airlines in three continents.
The partnership will see Investec originate lending opportunities and co-invest in every deal on the platform, Investec said. Beyond origination, Investec will provide advice on the ongoing management of the portfolio, including recommendations related to potential loan amendment, restructuring, aircraft repossession and exit opportunities, the company added.
Derek Wong, the head of Investec Aviation Debt Funds, said: “We are delighted to support our new partners as they expand their footprint in aviation lending and look forward to sharing our experience in structuring aircraft-backed transactions that achieve premium returns while focusing on capital preservation.
“Through the combined strengths of our respective institutions, we look forward to bringing a broad set of competitive financing solutions to airlines and lessors.”
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