HALO AirFinance has closed a financing deal for a Crestone Air Partners –Atalaya Capital Management to acquire two on-lease Airbus A320-200 jets, to be managed by Crestone.
HALO AirFinance (“HALO”), a joint venture between GA Telesis (“GAT”) and Tokyo Century Corporation (“TC”), has successfully closed a financing deal for a Crestone Air Partners (“Crestone”)–Atalaya Capital Management (“Atalaya”) investment vehicle. This vehicle is set to acquire two on-lease Airbus A320-200 aircraft, which will be managed by Crestone.
HALO AirFinance was established as a joint venture by GA Telesis, LLC and Tokyo Century Corporation. The partnership leverages the extensive capabilities of both organizations to deliver customized lending solutions to airlines, lessors, and investors, covering a wide range of collateral from new to mid-life aircraft and engines. HALO employs a sophisticated underwriting approach supported by the comprehensive platform of services, products, and capabilities provided by the GA Telesis Ecosystem and the Tokyo Century conglomerate.
Marc Cho, Co-Head and Managing Director, HALO said, “We are thrilled to support experienced and savvy investors like Crestone and Atalaya. This transaction demonstrates HALO’s continued commitment to support secondary market trading activity of on-lease aircraft.”
GA Telesis, LLC is a leader in integrated aviation services, offering a vast array of products and services across the aviation industry. Tokyo Century Corporation, a global leasing company, brings significant financial strength and expertise to the joint venture, enhancing HALO’s ability to provide innovative financing solutions.
HALO AirFinance is uniquely positioned in the aviation finance sector due to the combined structuring and financing expertise, as well as the asset and technical capabilities, of GAT and TC. The joint venture aims to address the needs of airlines, lessors, and investors by offering secured direct lending options tailored to a variety of aircraft and engine types, ranging from new to mid-life assets.
Kevin Milligan, Chief Investment Officer, Crestone said, “Crestone is proud to have collaborated with HALO on this transaction. As we continue to build our portfolio, we recognize the importance of finding innovative ways to finance transactions with flexible partners like HALO.”
The collaboration between HALO, Crestone, and Atalaya is a prime example of how strategic partnerships can facilitate significant transactions in the aviation sector. By focusing on secondary market trading activity and providing flexible financing solutions, HALO supports the growth and sustainability of its clients’ fleets and investment portfolios.
HALO will continue to leverage the combined origination capabilities of GAT and TC to target secured direct lending opportunities across the aviation sector. This approach covers a broad spectrum of collateral, including new and mid-life aircraft and engines, ensuring that airlines, lessors, and investors have access to the necessary financial support to maintain and expand their operations. The successful closure of this financing deal not only marks a significant achievement for HALO, Crestone, and Atalaya but also underscores the vital role of innovative financial solutions in the aviation industry. As the sector continues to evolve, partnerships like these will be crucial in addressing the dynamic needs of airlines and investors worldwide.
HALO AirFinance is committed to fostering such collaborations and supporting the aviation industry’s growth through tailored financial solutions. The joint venture’s expertise and strategic approach ensure that it remains a key player in the aviation finance sector, capable of delivering substantial value to its clients and partners.
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In summary, the financing deal between HALO, Crestone, and Atalaya exemplifies the strength and potential of strategic partnerships in the aviation industry. Through innovative financing solutions and a deep understanding of the market, HALO AirFinance continues to support the growth and success of its clients, reinforcing its position as a leader in the aviation finance sector.
