ASL Aviation Holdings has locked in a long-term USD104.1 million loan and revolving credit facility (RCF) with Investec Aviation Finance. The transaction, arranged by Investec Bank, is secured by 18 aircraft, including ten freighters and eight passenger-configured planes.

In a November 15, 2023, statement, Investec said the transaction involved further refinancing and the upsizing of existing facilities with Investec and other lenders. “Our relationship with ASL goes back more than a decade,” said Thato Matsha, Senior Associate of…

Source: ch aviation
Read more: ASL Aviation Holdings secures 4mn from Investec