FPG Amentum obtains JPY 11bn Credit Facility
Dublin, April 15, 2016 – Financial Products Group Co., Ltd. (‘FPG’ – 7148:JP), the Tokyo-headquartered, listed independent financial services firm and FPG Amentum (‘FPG Amentum’), the Dublin-based aircraft leasing / management company announce the signing of a JPY 11bn Credit Facility, including JPY 8bn Dual Currency Tranche, with a group of banks for financing aircraft acquisitions by FPG Amentum. The facility, arranged by Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank, and participated by Aozora Bank, Gunma Bank, and Shizuoka Bank, enables FPG Amentum to warehouse aircraft that the company acquires for JOL transactions.
Commenting, Katsuhiko Ando, Executive Director and Head of Strategic Business Development at FPG Amentum said: “We are very excited to have this facility, as it gives us a strong financial back-up and greater flexibility to close transactions in a timely manner. This facility will boost our JOL business further.”
FPG Amentum Ltd.
+353 1 639 8111
About FPG Amentum:
Headquartered in Dublin, FPG Amentum is a dedicated third-party provider of aircraft investment management and advisory services to equity and debt investors in the aviation sector and offers a full range of aircraft leasing services to airlines worldwide through its full-service leasing platform. FPG Amentum was founded in 2005 and is majority owned by FPG. The company manages a US$ 2 billion portfolio of aircraft and provides services to several investor and banking customers.
More information can be found on the company’s website at www.fpg-amentum.aero
Tokyo headquartered FPG was founded in 2001 and is currently listed on the First Section of the Tokyo Stock Exchange. FPG is an independent financial service provider and offers various financial products to profitable companies and wealthy individuals. With tax lease arrangement as its core business, FPG provides integrated services covering the origination, structuring, equity placement, and management of Japanese operating leases (JOL) for aircraft, vessels, and marine containers. FPG is a leading independent JOL equity arranger in the market.
More information can be found on the company’s website at www.fpg.jp/en