Aircastle Limited announced that it expects to receive $500 million in funding from Marubeni Corporation, Mizuho Leasing Company, Limited
July 04, 2023
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Aircastle Limited announced that it will raised $500 million in an equity round of funding on July 5, 2023. The transaction will include participation from returning investors, Marubeni Corporation and Mizuho Leasing Company, Limited. The transaction is expected to close in two tranches with $200 million funded in July 2023 and the remaining $300 million is expected to be funded in the first quarter of fiscal 2024.
Mizuho Leasing Company, Limited, formerly IBJ Leasing Company, Limited, is mainly engaged in lease, installment sales and various financial transactions for industrial machinery, transportation equipment, information-related equipment. The Company operates in three business segments. The Leasing and Installment segment is engaged in the installment sales business of leasing operations (including expiration of lease transactions and property sales due to halfway cancellation) and production facilities, construction earthmoving machines, commercial facilities etc. for industrial machine tools, transportation equipment, information related equipment. The Finance segment is involved in corporate finance, ship financing, factoring business and investment business of securities owned to earn profits for business purpose. The Others segment is engaged in used property buying and selling, solar power selling business.