Vedder Price Advises SKY Leasing in $600 Million Warehouse Facility
Vedder Price is pleased to announce that it represented SKY Leasing, LLC (“SKY Leasing”) in its close of a $600 million warehouse debt financing facility (the “Facility”) for Sky Fund I Irish Ltd. (the “Fund”).
According to SKY Leasing CEO Austin Wiley, the Facility will be the Fund’s core financing vehicle and will support SKY Leasing’s growth initiatives for 2020.
Global Transportation Finance attorneys Raviv Surpin, Clay C. Thomas and Brian A. White led the team from Vedder Price. “We are proud to partner with SKY Leasing yet again on a successful close that further solidifies their position in the marketplace,” said Mr. Surpin. “Since the launch of the Fund, our teams have worked seamlessly together to execute on their long-term growth plans, and we look forward to continuing our partnership with SKY Leasing.”
SKY Leasing, LLC is a premier aircraft leasing asset manager with offices in Dublin, Ireland and San Francisco, California. As a full-service leasing platform, SKY Leasing leverages its experience, global network, industry insights and managerial talent to acquire and lease new and young mid-life aircraft. SKY Leasing’s corporate mission is to be a leading capital provider to airlines globally for sale and leaseback transactions. For more information about SKY Leasing, visit www.skyleasing.com.
Vedder Thinking | News Vedder Price Advises SKY Leasing in $600 Million Warehouse Facility
Press Release
February 26, 2020
Vedder Price is pleased to announce that it represented SKY Leasing, LLC (“SKY Leasing”) in its close of a $600 million warehouse debt financing facility (the “Facility”) for Sky Fund I Irish Ltd. (the “Fund”).
According to SKY Leasing CEO Austin Wiley, the Facility will be the Fund’s core financing vehicle and will support SKY Leasing’s growth initiatives for 2020.
Global Transportation Finance attorneys Raviv Surpin, Clay C. Thomas and Brian A. White led the team from Vedder Price. “We are proud to partner with SKY Leasing yet again on a successful close that further solidifies their position in the marketplace,” said Mr. Surpin. “Since the launch of the Fund, our teams have worked seamlessly together to execute on their long-term growth plans, and we look forward to continuing our partnership with SKY Leasing.”
SKY Leasing, LLC is a premier aircraft leasing asset manager with offices in Dublin, Ireland and San Francisco, California. As a full-service leasing platform, SKY Leasing leverages its experience, global network, industry insights and managerial talent to acquire and lease new and young mid-life aircraft. SKY Leasing’s corporate mission is to be a leading capital provider to airlines globally for sale and leaseback transactions. For more information about SKY Leasing, visit www.skyleasing.com.
