Abelo, the dedicated turboprop lessor, announced the successful closing of a new $190 million financing facility for a portfolio of 20 turboprop aircraft. The financing was underwritten by MUFG EMEA, Deutsche Bank AG (New York Branch), and Société Générale. MUFG EMEA and Deutsche Bank acted as co-structuring agents, while all three banks participated as senior lenders. Additionally, MUFG EMEA served as the junior lender.

“This $190 million financing facility is a pivotal moment in Abelo’s journey, marking the first significant milestone in our long-term strategic plan. It strengthens our position in the market as a dedicated turboprop lessor and underscores the confidence we have in the future of regional aviation. This is just the first step in a broader vision that will see Abelo continue to expand and innovate in the regional aircraft leasing space.” Commented Stephen Gorman, CEO at Abelo.

Richard Hill, CFO of Abelo, added, “We are grateful to MUFG EMEA, Deutsche Bank, and Société Générale for their support and partnership in this transaction. Their confidence in both Abelo and the regional aircraft market, especially the turboprop sector, speaks volumes about the potential of this segment. This financing reflects the strength of the financial markets’ belief in the resilience and growth prospects of regional aviation.”

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