STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation today announced the financing of one Boeing 777-300ER on lease to Air France. The aircraft was purchased with cash earlier this year. DVB Bank provided the long-term financing.
“DVB continues to provide attractively structured long-term financing solutions to Intrepid in support of our growth strategy,” says Ryan Schroeter, Intrepid’s Vice President Corporate Finance. “We are very grateful to have such competent aviation asset finance bank as our partner.”
ABOUT INTREPID AVIATION
Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787, 777 and the Airbus A330 aircraft.
ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS
Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately $7 billion in assets under management. – Centerbridge Partners, LP. is a private investment firm headquartered in New York City with approximately $20 billion in capital under management.
For more information on Intrepid Aviation, www.intrepidaviation.com