JSA CLOSES $400M SECURED CREDIT FACILITY

Jackson Square Aviation, LLC (“JSA”) is pleased to announce that it has closed a $400 million secured credit facility, which provides the company with committed long-term debt capacity.  JSA is one of the world’s most active commercial aircraft lessors, and this facility provides the company with a key financing source to acquire modern, fuel-efficient aircraft for lease to its airline customers. The facility provides JSA with availability to draw down through mid-2012, with a term-out feature that extends to late 2018.  Approximately half of the facility will be used to finance aircraft which are currently owned by JSA or under