JetLease completes financing on a Hawker 900XP

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by Terry Spruce
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JetLease Capital has arranged and closed financing for a $5.0 million loan on a Hawker 900XP.

ALSO READ: JetLease Capital finances three aircraft deals

The transaction was structured as a 7 year term loan, 15 year amortization, floating interest rate of Libor + 2.25%.

The client is a corporation engaged in the real estate industry. The business jet is to be based in the Midwest United States.

JetLease Capital is based at the West Palm Beach Florida Airport and specialises in corporate aircraft financing transactions including term loans, leases, and bridge loan structures for fixed wing aircraft and helicopters.

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