Global Jet Capital, a financing provider for private jets, has agreed to purchase the aircraft lease and loan portfolio from GE Capital Corporate Aircraft in the Americas representing about $2.5 billion of net assets. GE Capital is shedding the portfolio as General Electric undergoes the sale of most of its lending business.
Global Jet Capital to buy $2.5bn in GE aircraft loans
The GSO, Carlyle and AE Industrial Partners-backed firm has agreed to purchase an aircraft lease and loan portfolio from GE Capital Corporate Aircraft in the Americas.
