Insights

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).

Castlelake priced its seventh structured ABS financing, Castlelake Aircraft Structured Trust 2021-1 (CLAS 2021-1), which is the first such transaction to be completed since the beginning of the global COVID-19 pandemic.

Castlelake, together with Boeing (NYSE: BA) and its subsidiary Boeing Capital Corporation, announced a partnership to provide delivery financing solutions to commercial aircraft customers for new commercial aircraft deliveries.