Griffin announces doubling to $2bn of senior secured warehouse facility

Griffin Global Asset Management has announced that borrowers Palisade Aviation Holdings Warehouse and Palisade Aviation Holdings Warehouse have doubled its senior secured warehouse facility to $2bn. “We are pleased to announce the upsizing of our warehouse facility to $2 billion, which doubles the size of the initial facility that was closed in 2021,” said John Beekman, Griffin’s chief financial officer. The facility has 12 lenders, taking in new banking partners Citibank, N.A. and Sumitomo Mitsui Banking Corporation, while Bank of Montreal has made “an additional commitment”, according to Griffin, a commercial aircraft leasing and alternative asset management business with offices