Castlelake prices Castlelake Aircraft Securitization Trust 2016-1

Castlelake has priced its third aircraft securitization: Castlelake Aircraft Securitization Trust 2016-1 (CLAS 2016-1). CLAS 2016-1 totals $916 million of asset backed debt and will be used to acquire a fleet of 52 aircraft and one aircraft engine. “Castlelake is continuing to build a best-in-class brand in the aviation debt capital markets with this third securitization,” said Rory O’Neill, managing partner and chief executive officer of Castlelake. “Castlelake’s differentiated access to debt capital continues to deliver value to the firm’s LP investors. We are proud to continue to access the ABS markets to grow our aviation business and enhance our