{"id":36756,"date":"2025-10-23T09:52:27","date_gmt":"2025-10-23T02:52:27","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=36756"},"modified":"2025-10-23T09:52:27","modified_gmt":"2025-10-23T02:52:27","slug":"phoenix-aviation-capital-and-aip-capital-announce-upsize-of-senior-secured-credit-facility-to-550-million","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=36756","title":{"rendered":"Phoenix Aviation Capital and AIP Capital Announce Upsize of Senior Secured Credit Facility to $550 Million"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2382741\/Phoenix_Aviation_Capital_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2382740\/AIP_Capital_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBLIN<\/span> and <span class=\"xn-location\">STAMFORD, Conn.<\/span> and <span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 23, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Phoenix Aviation Capital (&#8220;<span class=\"xn-location\">Phoenix<\/span>&#8221; or &#8220;the Company&#8221;), a full-service aircraft lessor managed by AIP Capital (&#8220;AIP&#8221;), an alternative investment manager focused on opportunities in asset-based finance and a portfolio company\u00a0of funds advised or controlled by affiliates of BC Partners Advisors L.P., announced a <span class=\"xn-money\">$250 million<\/span> upsize to its <span class=\"xn-money\">$300 million<\/span> senior secured credit facility (&#8220;the facility&#8221;), bringing total commitments to the facility to <span class=\"xn-money\">$550 million<\/span>.<\/p>\n<p>HSBC, Truist, Fifth Third Bank, Cr\u00e9dit Agricole, BNP Paribas and Bayern LB participated in this upsize to the facility. Royal Bank of <span class=\"xn-location\">Canada<\/span> (&#8220;RBC&#8221;) acted as Structuring Agent with RBC, Citibank and Morgan Stanley acting as Joint Lead Arrangers. Since the beginning of 2025, <span class=\"xn-location\">Phoenix<\/span> has raised over <span class=\"xn-money\">$2 billion<\/span> in bank and institutional capital to support its growth strategy.<\/p>\n<p>&#8220;This expanded participation in the facility represents further confidence in the business among <span class=\"xn-location\">Phoenix&#8217;s<\/span> lender group,&#8221; said <span class=\"xn-person\">Jared Ailstock<\/span>, Managing Partner at AIP. &#8220;We are grateful for the support from the bank group as we continue to execute on <span class=\"xn-location\">Phoenix&#8217;s<\/span> growth strategy.&#8221;<\/p>\n<p>&#8220;Welcoming new lenders demonstrates the support <span class=\"xn-location\">Phoenix<\/span> and AIP have in the aviation bank market,&#8221; said <span class=\"xn-person\">Patrick Schafer<\/span>, Partner at BC Partners and board member of <span class=\"xn-location\">Phoenix<\/span>. &#8220;The facility will provide <span class=\"xn-location\">Phoenix<\/span> with additional capacity and flexibility to support the Company&#8217;s global airline customers.&#8221;<\/p>\n<p><span class=\"xn-person\">Vedder Price<\/span> served as transaction counsel and PwC acted as tax advisor to <span class=\"xn-location\">Phoenix<\/span> and AIP. <span class=\"xn-person\">McCann Fitzgerald<\/span> also acted in capacity as Irish counsel to <span class=\"xn-location\">Phoenix<\/span> and AIP. <span class=\"xn-person\">Clifford Chance<\/span> served as transaction counsel to the lenders.<\/p>\n<p><b>About\u00a0AIP Capital<br \/><\/b>AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance including aviation and equipment finance. AIP, together with its affiliates, manages approximately\u00a0$4 billion\u00a0of assets\u00a0on behalf of a diversified global investor base. The AIP team is comprised of more than 50 experienced professionals across AIP&#8217;s offices in\u00a0Stamford, New York\u00a0City,\u00a0Dublin, and\u00a0Singapore. For more information about AIP Capital or to speak with company executives, please contact\u00a0<a href=\"mailto:investor.relations@aipcapital.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@aipcapital.com<\/a>.<\/p>\n<p><b>About BC Partners &amp; BC Partners Credit<br \/><\/b>BC Partners is a leading international investment firm in private equity, private debt, and real estate strategies. BC Partners Credit was launched in\u00a0February 2017, with a focus on identifying attractive credit opportunities in any market environment, often in complex market segments. The platform leverages the broader firm&#8217;s deep industry and operating resources to provide flexible financing solutions to middle-market companies across Business Services, Industrials, Healthcare and other select sectors. For further information, visit\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4539055-1&amp;h=1678317685&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4446302-1%26h%3D1253995328%26u%3Dhttp%253A%252F%252Fwww.bcpartners.com%252Fcredit-strategy%26a%3Dwww.bcpartners.com%252Fcredit-strategy&amp;a=www.bcpartners.com%2Fcredit-strategy\" target=\"_blank\" rel=\"nofollow\">www.bcpartners.com\/credit-strategy<\/a>.<\/p>\n<p><b>Media Contacts<\/b><\/p>\n<p>AIP Capital Geoffrey Bayers<br \/><a href=\"mailto:investor.relations@aipcapital.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@aipcapital.com<\/a><\/p>\n<p>BC Partners<br \/><span class=\"xn-person\">Luke Charalambous<\/span><br \/><a href=\"mailto:Luke.Charalambous@BCPartners.com\" target=\"_blank\" rel=\"nofollow\">Luke.Charalambous@BCPartners.com<\/a><br \/>+44 7775 180 721<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2382741\/Phoenix_Aviation_Capital_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2382740\/AIP_Capital_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBLIN<\/span> and <span class=\"xn-location\">STAMFORD, Conn.<\/span> and <span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 23, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Phoenix Aviation Capital (&#8220;<span class=\"xn-location\">Phoenix<\/span>&#8221; or &#8220;the Company&#8221;), a full-service aircraft lessor managed by AIP Capital (&#8220;AIP&#8221;), an alternative investment manager focused on opportunities in asset-based finance and a portfolio company\u00a0of funds advised or controlled by affiliates of BC Partners Advisors L.P., announced a <span class=\"xn-money\">$250 million<\/span> upsize to its <span class=\"xn-money\">$300 million<\/span> senior secured credit facility (&#8220;the facility&#8221;), bringing total commitments to the facility to <span class=\"xn-money\">$550 million<\/span>.<\/p>\n<p>HSBC, Truist, Fifth Third Bank, Cr\u00e9dit Agricole, BNP Paribas and Bayern LB participated in this upsize to the facility. Royal Bank of <span class=\"xn-location\">Canada<\/span> (&#8220;RBC&#8221;) acted as Structuring Agent with RBC, Citibank and Morgan Stanley acting as Joint Lead Arrangers. Since the beginning of 2025, <span class=\"xn-location\">Phoenix<\/span> has raised over <span class=\"xn-money\">$2 billion<\/span> in bank and institutional capital to support its growth strategy.<\/p>\n<p>&#8220;This expanded participation in the facility represents further confidence in the business among <span class=\"xn-location\">Phoenix&#8217;s<\/span> lender group,&#8221; said <span class=\"xn-person\">Jared Ailstock<\/span>, Managing Partner at AIP. &#8220;We are grateful for the support from the bank group as we continue to execute on <span class=\"xn-location\">Phoenix&#8217;s<\/span> growth strategy.&#8221;<\/p>\n<p>&#8220;Welcoming new lenders demonstrates the support <span class=\"xn-location\">Phoenix<\/span> and AIP have in the aviation bank market,&#8221; said <span class=\"xn-person\">Patrick Schafer<\/span>, Partner at BC Partners and board member of <span class=\"xn-location\">Phoenix<\/span>. &#8220;The facility will provide <span class=\"xn-location\">Phoenix<\/span> with additional capacity and flexibility to support the Company&#8217;s global airline customers.&#8221;<\/p>\n<p><span class=\"xn-person\">Vedder Price<\/span> served as transaction counsel and PwC acted as tax advisor to <span class=\"xn-location\">Phoenix<\/span> and AIP. <span class=\"xn-person\">McCann Fitzgerald<\/span> also acted in capacity as Irish counsel to <span class=\"xn-location\">Phoenix<\/span> and AIP. <span class=\"xn-person\">Clifford Chance<\/span> served as transaction counsel to the lenders.<\/p>\n<p><b>About\u00a0AIP Capital<br \/><\/b>AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance including aviation and equipment finance. AIP, together with its affiliates, manages approximately\u00a0$4 billion\u00a0of assets\u00a0on behalf of a diversified global investor base. The AIP team is comprised of more than 50 experienced professionals across AIP&#8217;s offices in\u00a0Stamford, New York\u00a0City,\u00a0Dublin, and\u00a0Singapore. For more information about AIP Capital or to speak with company executives, please contact\u00a0<a href=\"mailto:investor.relations@aipcapital.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@aipcapital.com<\/a>.<\/p>\n<p><b>About BC Partners &amp; BC Partners Credit<br \/><\/b>BC Partners is a leading international investment firm in private equity, private debt, and real estate strategies. BC Partners Credit was launched in\u00a0February 2017, with a focus on identifying attractive credit opportunities in any market environment, often in complex market segments. The platform leverages the broader firm&#8217;s deep industry and operating resources to provide flexible financing solutions to middle-market companies across Business Services, Industrials, Healthcare and other select sectors. For further information, visit\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4539055-1&amp;h=1678317685&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4446302-1%26h%3D1253995328%26u%3Dhttp%253A%252F%252Fwww.bcpartners.com%252Fcredit-strategy%26a%3Dwww.bcpartners.com%252Fcredit-strategy&amp;a=www.bcpartners.com%2Fcredit-strategy\" target=\"_blank\" rel=\"nofollow\">www.bcpartners.com\/credit-strategy<\/a>.<\/p>\n<p><b>Media Contacts<\/b><\/p>\n<p>AIP Capital Geoffrey Bayers<br \/><a href=\"mailto:investor.relations@aipcapital.com\" target=\"_blank\" rel=\"nofollow\">investor.relations@aipcapital.com<\/a><\/p>\n<p>BC Partners<br \/><span class=\"xn-person\">Luke Charalambous<\/span><br \/><a href=\"mailto:Luke.Charalambous@BCPartners.com\" target=\"_blank\" rel=\"nofollow\">Luke.Charalambous@BCPartners.com<\/a><br \/>+44 7775 180 721<\/p>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-36756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/36756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36756"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/36756\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}