DUBLIN – May 4, 2015 – Aviation Finance Company (AFC) closed a senior secured private placement of $180 million for two new Boeing 787-8 Dreamliner Aircraft, the company announced today. This is the second private placement closed for AWAS within the last year. The Boeing 787 Dreamliner is a long-range, mid-size dual aisle, twin engine jet airliner and is considered Boeing’s most fuel efficient aircraft. The aircraft will be owned by AWAS and leased to Kenya Airways.

“Our collaborative approach with clients and investors enables us to efficiently raise and deploy capital, creating a compelling case for alternative sources of financing in the aviation sector,” commented Douglas Brennan, CEO of AFC. “It’s very gratifying to deliver to our clients the creative financial solutions that support where they want to take their businesses.”
Simon Glass, AWAS CFO said, “AFC’s demonstrated strength in accessing capital markets has created new options that were not readily available to us previously. We are pleased to continue working with Doug and his team and enjoy the benefits from well structured financing transactions.”

Christian Schultheiss, CFO of AFC added, “The growing appetite for capital markets solutions and alternative financing options in the aviation industry is an exciting development. The demand for our streamlined and efficient solutions only validates and reinforces our commitment to delivering financing platforms that benefit our clients and investors.”