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Marubeni and Mizuho Leasing completed a $500m investment in Aircastle.

Synopsis

Marubeni, a major Japanese integrated trading and investment business conglomerate, and Mizuho Leasing, a financial services company, completed a $500m investment in Aircastle, which acquires, leases, and sells commercial jet aircraft to airlines. "We are pleased to announce this new commitment from our shareholders as it reflects their broad confidence in our long-term investment horizon and conservative balance sheet. For over three years, our unique ownership with Marubeni Corporation and Mizuho Leasing has bolstered our investment grade rating and retained our access to credit markets. This new capital positions us to be an industry-leading investor of liquid, in-demand narrow-body passenger aircraft," Mike Inglese, Aircastle CEO.

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