FTAI · FTAI Aviation Ltd.

FTAI Aviation Ltd. announced the amendment and upsize of its revolving credit facility from $400 million to $2.025 billion, with maturity extended to April 2031. The facility is led by JPMorgan Chase as Administrative Agent and includes a syndicate of major banks. The oversubscribed facility reflects strong lender confidence and provides FTAI with significantly increased liquidity to pursue growth opportunities, including acquisitions and investments. The improved pricing terms reduce the company's cost of borrowing. The facility is guaranteed by FTAI Aviation Ltd. and its material subsidiaries and secured by substantially all assets, excluding certain aviation equipment. Financial covenants require a minimum Interest Coverage Ratio of 3.00x and a maximum Debt to EBITDA Ratio of 4.00x, with a temporary increase to 4.50x for large acquisitions. This financing positions FTAI to be nimble in capturing market opportunities and supports its long-term growth strategy.