GA Telesis Closes $270 Million Warehouse Facility
Ft. Lauderdale, FL – GA Telesis, LLC (“GAT”), today announced the closing of a $270 million warehouse credit facility (“the Facility”) arranged and underwritten by Merrill Lynch Credit Products, LLC; HSH Nordbank, acting through its New York office; and DVB Bank AG. The facility will be used to expand GA Telesis’ existing commercial jet engine and aircraft leasing business and is in addition to the ABL facility the company obtained with Wachovia Bank N.A. in… Read more