Wings Capital Partners LLC Announces Closing of $500,000,000 Secured Loan Facility

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NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Wings Capital Partners LLC (“Wings”) announced today that it has entered into a $500 million secured loan facility with a consortium of four major international banks. The five-year loan facility includes a two-year vesting period and can be increased to $750 million. The facility will be used to acquire a portfolio of mostly young and in-demand narrow-body commercial jet aircraft.

The lending group consists of Goldman Sachs Bank USA, Credit Agricole Securities, Natixis SA and Royal Bank of Canada. Goldman Sachs Bank USA acted as structuring agent for the facility.

“We are very pleased with the closing of this transaction. It provides access to effective loan capital that enables Wings to execute its business plan. Wings remains committed to the aircraft leasing industry and the facility will support our growth initiatives for the platform. The support of our banking partners demonstrates the confidence the financial community places in our capabilities and our business model,” said Jakob Gallagher, Vice President – ​​Treasurer and Capital Markets.

About Wings Capital Partners

Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform that invests primarily in production single-aisle commercial jet aircraft leased to airlines worldwide. Led by best-in-class management team with significant aircraft leasing experience (33 years average for senior team) and longstanding relationships with airlines, lessors, banks, investors and legal relationships.

Wings is owned by active investors, Corrum Capital Management, Sightway Capital, a Two Sigma company and the Wings management team.

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