Insights

Castlelake announced that it has expanded its Lending team with a number of experienced professionals, including Wilhelm Steinmark, Fouad Onbargi, Chris Turner, Brian Banschick and Ricardo De Armas.

Castlelake announced it has appointed four team leaders as partners, reflecting the firm's desire to elevate differentiated talent across the organization and continually optimize its leadership.

Castlelake announced the completion of a sale and leaseback of six A330-200 freight aircraft to Avianca S.A. with a 10-year lease term.

Castlelake announced that it reached an agreement to provide financing, through its funds and entities, to 118 118 Money for the origination of a portfolio of approximately £200 million in new consumer credit accounts.  

Castlelake and Allegiant Travel Company announced Castlelake provided a loan to Sunseeker, a wholly-owned subsidiary of Allegiant Travel Company (NASDAQ: ALGT (https://www.prnewswire.com/news-releases/castlelake-provides-loan-to-allegiant-backed-sunseeker-resort-301400473.html#financial-modal) ).

Castlelake announced the pricing of a private offering by Castlelake Aviation Finance Designated Activity Company (“CA FINCO”), a subsidiary of Castlelake Aviation Limited (“CA”).

Castlelake announced the creation of Castlelake Aviation Limited, a corporate lessor of commercial aircraft that will finance a portfolio of modern, young, fuel-efficient aircraft. Castlelake received ratings from Moody’s, S&P, Fitch and KBRA.

Castlelake announced that it has finalized a receivable purchase agreement with Signet Jewelers Limited (NYSE: SIG), the world's largest retailer of diamond jewelry.

Castlelake announced that certain of its funds will acquire up to 49.9% of the shares of Millenium Hotels Real Estate, a listed real estate investment company that specializes in luxury hotel properties in Spain and Portugal (BME: MHRE).

Castlelake announced the pricing by Castlelake Aircraft Structured Trust 2017-1R of its $315 million Class A Notes, $75 million Class B Notes and $60 million Class C Notes. Castlelake plans to use the net proceeds of the offering to refinance the existing Castlelake Aircraft Structured Trust 2017-1 transaction (CLAS 2017-1).