PSP-owned SKY Leasing closes $750 mln warehouse facility

SKY Aviation Leasing International Ltd, a Dublin, Ireland-based full-service aircraft leasing company, has closed a US$750 million warehouse debt financing facility. About half of the facility is expected to be drawn to finance aircraft currently owned or soon to be acquired by the company. The rest of the facility will be use to finance additional aircraft acquisitions. SKY Leasing is owned by U.S. private equity firm ATL Partners and Canada's Public Sector Pension Investment Board (PSP Investments). ATL and PSP invested more than US$250 million in the company's launch last October.

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