AUGUST 3RD, 2016
GE Capital Aviation Services Announces $280 million Senior Debt Financing Agreement with Aerolíneas Argentinas
SHANNON, Ireland, August 3, 2016 — GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced a $280 million, 10.5 year term, Senior Debt agreement with Aerolíneas Argentinas. The debt is secured by four A330-200s powered by GE’s CF6 engines and three B737-800s powered by CFM56 engines. The four A330s are scheduled to fund in 2016 and the three B737-800s in 2018. GECAS’s relationship and commitment to Aerolíneas Argentinas dates back to the 1990’s.