Dublin-based aircraft leasing firm Avolon agrees new $750m debt deal

Avolon currently works with 145 airlines across 64 countries and manages a fleet of over 1,000 aircraft. 

Dublin-based aircraft leasing company Avolon has raised over $750m (€699m) in a new debt deal as it seeks to capitalise on demand in the aviation sector, the company has announced.

The new unsecured credit facility was negotiated with a syndicate of seven banks predominantly in the Middle East and India.