AIP Capital has successfully closed a ~$230 million acquisition facility. The non-recourse facility will provide financing for the purchase of seven Boeing 737 MAX 8 aircraft that are scheduled to be newly delivered between 2021 and 2023, and are on long-term leases, to three airlines. Citi acted as Sole Structuring Agent, Global Coordinator and Lead Arranger for the Facility, and will also act as the Administrative Agent and Security Trustee for the Facility. Jared Ailstock, Managing Partner of AIP commented: “This facility facilitates an early milestone for our platform and diversified strategy. These aircraft will be both owned and managed
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