Goshawk, a Dublin-based global aircraft lessor, is extending its $500 million secured warehouse facility. This facility, originally put in place in 2015, is now extended to July 2023 and provides flexible capital that can be used to finance Goshawk’s target asset types of primarily young, new technology, narrow body aircraft.
Goshawk entered the extension agreement with HSBC as lead arranger and lender, and Natixis Corporate & Investment Banking as lender. The terms of the extension will assist Goshawk in maintaining its healthy liquidity position while retaining the flexibility to grow its fleet in line with its commercial strategy.
Commenting on the transaction, Colin Golden, CFO at Goshawk, said, “We are delighted to work with a number of our key lenders on this deal, which represents an important validation of our platform and business model. The successful completion of this facility will support our aircraft acquisition program through to mid-2023. It will also allow us to continue to build our portfolio and further strengthen our market position in accordance with our long-term strategy."
Guy Woelfel, global head of aviation at HSBC, commented “HSBC is a long-term, core relationship bank to Goshawk and we are delighted to have once again arranged the extension of this substantial and flexible facility at this challenging time for the global aviation sector. We are committed to supporting our key relationships across the industry and to building collaborative, sustainable, long-term relationships with our good and valuable business partners.”
Jean Chédeville, global head of aviation finance at Natixis Corporate & Investment Banking, said, “Natixis CIB was an early supporter of Goshawk, who have built a fantastic platform. In the context of the broader transportation sector, Natixis CIB remains committed to aviation finance, and to fostering sustainable relationships with long lasting business partners.”
