KKR to invest $1 billion with Altavair to create leased aircraft portfolio
01/03/2019
(Reuters) – U.S. private equity giant KKR & Co Inc (KKR.N) said it will make a $1 billion capital commitment to create a portfolio of leased commercial aircraft, in partnership with Seattle-based aircraft leasing company Altavair AirFinance.
KKR will also acquire a 50 percent stake in Altavair AirFinance as part of the long-term partnership.
KKR was advised by Simpson Thacher & Bartlett. Altavair was advised by Milbank.
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Home » Analysis & Comment » KKR to invest $1 billion with Altavair to create leased aircraft portfolio
KKR to invest $1 billion with Altavair to create leased aircraft portfolio
(Reuters) – U.S. private equity giant KKR & Co Inc (KKR.N) said it will make a $1 billion capital commitment to create a portfolio of leased commercial aircraft, in partnership with Seattle-based aircraft leasing company Altavair AirFinance.
KKR will also acquire a 50 percent stake in Altavair AirFinance as part of the long-term partnership.
KKR was advised by Simpson Thacher & Bartlett. Altavair was advised by Milbank.
Source: Read Full Article