Waypoint Leasing Closes USD 87.5m Term Loan Facility

Waypoint Leasing, the largest independent global helicopter leasing company, has announced that it has closed on a new USD 87.5 million term loan facility led by Sumitomo Mitsui Banking Corporation (SMBC) and MUFG with further accordion capacity to upsize the transaction in the future, the company said.

The company will use the proceeds to refinance aircraft from its warehouse facility to support its customers and global market growth with additional liquidity.

Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators. Waypoint´s portfolio includes more than 145 aircraft for 32 customers in 30 countries with total assets in excess of USD 1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 95 helicopters valued at more than USD 1.2 billion, to be delivered over the next five years.

Waypoint is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint differentiates itself with a senior management team that has direct helicopter operating and leasing experience in key helicopter markets around the world, having leased helicopters across Africa, Asia, Australia, Europe, and North and South America. Waypoint serves a wide range of sectors including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. In addition to Ireland, Waypoint has offices in London, the United States, Canada, Singapore, Brazil, South Africa, and Australia. Further information is available at www.waypointleasing.com.