Griffin Global Asset Management has expanded its senior secured warehouse facility with borrowers Palisade Aviation to $1.6bn. “As the Griffin platform continues to grow, it is enabled through the continued support from our lending group. We are happy to announce the increase in facility size, as well as the addition of Bank of Montreal to this group,” said John Beekman, chief financial officer of Griffin, a commercial aircraft leasing and joint asset management business with offices in Dublin, Los Angeles and Puerto Rico. The initial US $1bn facility won the Airline Economics Global Editor’s Deal of the Year Award in

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