October 2020
volofin announces closing of term financing facility for Aergo Capital
volofin Capital Management Ltd. (“volofin”) has successfully closed a financing for Aergo Capital involving an Airbus A321 aircraft. volofin provided a limited-recourse loan to Dublin-based Aergo Capital to assist with the financing of an A321 on a long-term lease to British Airways PLC.
Stewart Tanner, Senior Managing Director of volofin, remarked: “It is great to be able to continue our long-standing relationship with Aergo and to support them in their growth strategy. This transaction underlines that, notwithstanding these unprecedented times, volofin is keen to support our customers during this challenging months ahead.”
volofin acted as sole arranger and sole lender in the transaction.