Genesis, the Dublin-based commercial aircraft leasing company, and ReGEN, Genesis’s Dublin based component trading platform, today announced the successful closing of a new $90 million credit facility with Deutsche Bank, further strengthening its funding platform to support continued growth for its leasing and component trading platforms. The $90 million revolving credit facility will support both the Genesis aircraft leasing activities and ReGEN’s component trading platform, reinforcing the integrated leasing and asset management strategy for the Genesis group.

Genesis’ CFO Adam Smyth stated, “We are delighted to be extending our relationship with Deutsche Bank on this unique facility that will support the continued development and expansion of our core business”.