May 2019

volofin announces closing of first transaction, a P2F acquisition and conversion term financing facility for Spectre Cargo Solutions

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volofin Capital Management Ltd. (“volofin”), the specialised aviation lending platform established earlier this year by Bob Peart, Robert Jack and Stewart Tanner, has closed its first transaction.

The company provided a term loan to finance the acquisition and conversion of three Boeing 737NG aircraft into freighters for Texas-based Spectre Cargo Solutions.

The aircraft included one 737-700 and two 737-800s,  all are 2000-vintage and are powered by CFM56-7B22/26 engines.

volofin acted as sole arranger and sole lender in the transaction.