GA Telesis, LLC and Tokyo Century Corporation announce the launch of its new joint venture lending platform, HALO AirFinance (“HALO”). HALO will serve as the exclusive debt origination channel for GAT and TC, with a focus on secured direct lending to airlines, lessors, and investors, covering the collateral spectrum from new to mid-life aircraft. HALO will be uniquely positioned in the aviation finance sector as a combination of the respective structuring and financing expertise and asset and technical capabilities of GAT and TC. HALO will fill a need in an underserved marketplace that lacks a global, independent, and savvy asset-backed lender.
HALO is launching its first fund HALO One, in partnership with InterVest Capital Partners (f/k/a Wafra Capital Partners), a veteran investor in both aviation and the specialty finance sectors. “GA Telesis has been our longstanding aviation investment partner for over ten years, and the HALO lending strategy is a natural and opportune evolution of our collective capabilities,” commented Michael Gontar, CEO of InterVest Capital Partners.
Latest Fintech News: Secure Digital Markets Announces Landmark Expansion with SDM Financial
HALO One will benefit from an innovative revolving credit facility led by Citigroup as Structuring Agent and Co-lead Arranger and Fifth Third Bank, National Association, as Co-lead Arranger.
“There is a substantial opportunity to address the need for smarter asset-focused lending in the aviation industry,” commented Abdol Moabery, CEO of GA Telesis. Moabery further remarked, “HALO is unmatched as a lending platform given its extensive originations footprint, direct access to market values, and comprehensive in-house technical capabilities.”
Latest Fintech News: ISG to Publish Report on Finance and Accounting Services
About GA Telesis
GA Telesis is the leading provider of integrated services in the commercial aviation industry. Through the GA Telesis Ecosystem™, the Company is distinctly positioned, across six continents, to leverage its resources to create innovative solutions for its customers. Consisting of global operations encompassing Component Solutions, Leasing/Financing, Logistics Solutions, and MRO Services business units for landing gear, component/composite, and turbine engine repair, as well as digital solutions, the GA Telesis Ecosystem™ provides an unparalleled resource to airlines.
Latest Fintech News: XTM Signs Deal With Payfare to Roll Out Its Today Financial Program With Earned Wage Access Across the US
[To share your insights with us, please write to sghosh@martechseries.com]
