Aircraft and aviation operating services provider Atlas Air has secured a $90m (β¬82.3m) loan from Investec Aviation Finance.
Investec said it provided the senior debt financing for the acquisition of three aircraft.
Atlas Air is a provider of outsourced aircraft and aviation operating services and the largest outsourced airfreight provider in the world with a fleet of more than 90 dedicated long-haul freighter aircraft.
Clayton Woollgar of Investec Aviation Finance said: βWeβre delighted to have secured this senior financing for Atlas Air, a leader in its market and an important enabler of global trade.
βThe success of the transaction highlights our own leading capabilities in finding pragmatic solutions and structuring for all transaction types.β
Artem Gonopolskiy, EVP and CFO of Atlas Air, said: βThe 747-400F forms an integral part of Atlasβ dedicated large widebody freighter capacity, and the acquisition of these aircraft demonstrates our commitment to providing unparalleled support for global supply chains.
βAtlas appreciated Investecβs solutions-oriented structure and efficient transaction execution.β
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