Waypoint Leasing extends USD 390m in revolving credit facility commitments

Waypoint Leasing, an independent global helicopter leasing company, has extended the maturity on two of its existing revolving credit facilities, the company said.

In aggregate over USD 390m of revolving credit commitments extended across seven lenders, with over USD 100 million now maturing in late 2019 and over USD 280 million in late 2020.

The company will use the proceeds to support its aircraft order program and to continue to facilitate efficient closings and financing solutions for its customers.

Waypoint Leasing is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint Leasing 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 Leasing extends USD 390m in revolving credit facility commitments

Waypoint Leasing, the largest independent global helicopter leasing company, has extended the maturity on two of its existing revolving credit facilities, the company said.

In aggregate over USD 390m of revolving credit commitments extended across seven lenders, with over USD 100 million now maturing in late 2019 and over USD 280 million in late 2020. The company will use the proceeds to support its aircraft order program and to continue to facilitate efficient closings and financing solutions for its customers.

To date, Waypoint has accessed secured and unsecured financings in the bank, export credit and debt capital markets. Waypoint´s acquired fleet of 147 aircraft has 31 lessees, operating in 31 countries, with total assets in excess of USD 1.6 billion.

Waypoint has firm and option orders with aircraft manufacturers for helicopters valued at more than USD 1.3 billion comprised primarily of Light Twin to super Medium positions focused on a variety of end-user markets, in particular the EMS and Utility marketplace.

Waypoint Leasing is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint Leasing 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.