AELF Closes $85 Million Financing Facility With Merchants Bank
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
-
Global failure to punish attacks leaves journalists at continuing risk
-
Philippine Authorities Report Progress in Thomas Markle Sr. Child Pornography Probe
-
Researchers Warn 'Bookkeeping Trick' Masks Beef Industry's Methane Emissions
-
Web Summit Qatar 2026 generated QR1 billion economic impact, report says
-
Climate Change Intensified Atlantic Hurricanes, Study Finds
-
UAE oil spill raises questions for desalination operations
-
Qatar solar expansion opens scope for technical performance gains
-
Doha hotel and Carolina Herrera launch fragrance-inspired afternoon tea
-
Sandro Piancone and Jorge Olson Release Wholesale MBA, the Insider's Guide to Selling Consumer Goods Through Distributors, Retailers, and Direct-to-Consumer Channels
-
ESGold Expands Historic Mine Waste Reclamation Strategy With Second MOU, Bringing Total Proposed Annual Aggregate Supply to 500,000 Tonnes
-
Impauer Technologies Launches Pauerone Wallet V1 Desktop App Across Windows, MacOS, and Chrome OS to Deliver Isolated Self-custody
-
Nextech3D.ai to Showcase AI-Powered Event Technology at IAEE Expo Expo 2026
-
INEO Appoints David Wambeke to Board of Directors
-
ZEO ScientifiX Makes Industry History as First Facility to Achieve AABB's Newly Established Quality Management Systems Certification
-
Fermi Provides Update on Lease Agreement as Parties Work Toward Closing
-
Worksport Reports Preliminary Q3 Results, Reduces Operating Cash Use 89% from Second Quarter to Approximately $0.37 Million; Delivers Record Net Sales of Approximately $7.24 Million
AELF Closes $85 Million Financing Facility With Merchants Bank
CHICAGO, IL / ACCESS Newswire / November 2, 2026 / AELF has completed an $85 million revolving credit facility with Merchants Bank. The financing will be used to enhance the aircraft leasing company's business development goals and expand its mid-life aircraft portfolio.
"Merchants Bank has been a valued lending partner for many years and understands our investment strategy," said Joe Cirillo, President and Chief Commercial Officer for AELF. "We appreciate the bank's continued support, which gives us the flexibility to pursue targeted investment opportunities."
AELF specializes in mid-life aircraft leasing and is actively growing its fleet of Airbus A330s and Boeing 737-800s, with several acquisitions completed in recent months. The recent financing with Merchants Bank represents the expansion of a $55 million credit facility completed with the lender last year.
"Our approach to business banking has always been centered on building lasting relationships, understanding our customers' needs, and supporting their long-term success," said Ariana Meiser, Market President of Merchants Bank. "We value our long-standing partnership with AELF and are proud to provide the financial resources and flexibility to support their continued growth."
ABOUT AELF
AELF is an experienced, US-based commercial aircraft lessor offering customized, flexible capital solutions to airlines, lessors, banks, and non-traditional aircraft owners. In operation for over a decade, AELF continues to expand its portfolio of commercial aircraft and engines, focusing heavily on A330 and 737 aircraft types. The company acquires aircraft on lease with a broad range of airline partners, as well as dormant or stub-leased assets, returning them to service through maintenance and remarketing programs. AELF is an Expedition Partners company. Learn more at www.aelfinc.com and www.expeditionpartnersllc.com.
ABOUT MERCHANTS BANK
Ranked as a top-performing bank in the U.S by American Banker/Capital Performance Group, Merchants Bank focuses on delivering innovative banking and lending solutions across multiple segments, including retail and correspondent residential mortgage banking, multifamily financing, business and agricultural lending, mortgage warehouse financing, and traditional banking services. Headquartered in Indiana, Merchants Bank serves customers nationwide through its banking centers, regional production offices, and digital banking platform. Driven by a culture of execution, teamwork, and service, the company is committed to building long-term relationships and delivering meaningful value to the communities it serves. To learn more about Merchants Bank, visit www.bankmerchants.com or find Merchants Bank on Facebook, LinkedIn, X, and Instagram.
# # #
For inquiries, contact:
SOURCE: Aircraft Engine Lease Finance
View the original press release on ACCESS Newswire
M.White--AT
