FinanceDublin.com - <b>Deals of the Year 2024: </b>Avolon leverages relationships to achieve competitive pricing, swift execution of new bank loans

The value of building strong banking relationships was well illustrated by two financing deals completed by Avolon last year as part of its strategy to target diverse and varied sources of liquidity. The extension and upsizing of a Term B Loan and an $810 million secured bank facility last year combined competitive pricing with swift execution.

In 2023 Avolon raised $4.9 billion of debt across both the public and private markets. This included two unsecured bond deals ($750 million in May and $400 million in December, the extension and upsizing of a $1.7 billion Term Loan B facility and an $810 million secured bank facility.

Commenting on Avolon’s financing activity in 2023, Avolon CFO Ross O’Connor said: ‘Avolon’s financing strategy is to target diverse and varied sources of ....

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