News Event of the Year: GECAS-PIMCO $3bn aviation fund

摘要

California-based fix-income investor PIMCO and GECAS established a $3 billion aviation leasing platform in October 2020. The transaction creates a strategic investment platform to enable GECAS- and PIMCO-advised accounts to acquire new and young fuel-efficient aircraft to meet the needs of a diverse set of global airlines. The deal involved a bespoke investment structure development to meet both PIMCO's and GECAS's detailed investment criteria and funding requirements. GECAS and PIMCO have identified an area to be filled post-Covid-19 pandemic where a diverse and global set of airlines will need new and young fuel-efficient aircraft. The new entity will provide "much-needed" financing to carriers which are looking to upgrade their fleets with young and new aircraft.