SMBC Aviation Capital upsizes unsecured global syndicated finance facility to US$3.7 billion

• Additional US$1.7bn raised from 33 financial institutions via greenshoe option, bringing total transaction size to US$3.7bn 

• c.US$1.4bn of total transaction is in the seven-year tranche, with the remaining c.US$2.3bn in the five-year tranche

• Transaction brings 15 new banking relationships for SMBC Aviation Capital

Dublin, 28 April 2026: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has today finalised a US$1.7bn greenshoe upsize of its original US$2bn syndicated facility previously announced in February as part of the acquisition of Sumisho Air Lease Corporation. The upsizing brings the total transaction size to US$3.7bn, with the additional capital to be used for general corporate purposes.

33 financial institutions participated in the general syndication, bringing the total to 40, having successfully raised US$2bn from 7 banks in the senior syndication phase in February. The portfolio of banks participating in the transactions are diversified globally (Asia, Europe and the US), while 15 are new banking relationships for SMBC Aviation Capital. The upsize brings the total five-year tranche to US$2.28bn, and the total seven-year tranche to US$1.42bn.

Commenting on the transaction, Aisling Kenny, Chief Financial Officer, SMBC Aviation Capital, said: “The upsizing of this facility provides long term and competitively priced capital which will support SMBC Aviation Capital’s increased scale and strong growth trajectory. This transaction also further deepens our existing banking relationships, and we are pleased to welcome an additional fifteen new banking partners. The strong reception we received for this transaction, which is reflected in the scale and geographic diversity of the banks involved, is testament to the strength of our franchise and global reach of our business.”

DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited acted as Co-Global Coordinators and Senior Mandated Lead Arrangers and Bookrunners. Taipei Fubon Commercial Bank Co., Ltd. and Fubon Bank (Hong Kong) Limited, CaixaBank, S.A., Cathay United Bank, and Industrial and Commercial Bank of China (Asia) Limited acted as Senior Mandated Lead Arrangers and Bookrunners. Taishin International Bank Co., Ltd. acted as Mandated Lead Arranger and Bookrunner. 

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For more information please contact:

Media:

Conor Irwin, SMBC Aviation Capital                +353 87 381 6106

Richard Webster-Smith, FGS Global               +44 7796 708 551

Richard Crowley, FGS Global                          +44 7387 257 394

Investors:

Conor O’Sullivan, SMBC Aviation Capital        +353 86 173 0599

Kevin Johnston, SMBC Aviation Capital           +353 86 047 4929

Note to Editors

ABOUT SMBC AVIATION CAPITAL:

SMBC Aviation Capital is the leading global aviation finance platform, servicing a fleet of 1700 aircraft with 170 airlines globally. 

Benefiting from the strong support of its shareholders Sumitomo Mitsui Financial Group and Sumitomo Corporation, SMBC Aviation Capital has a high-quality global airline customer base with an owned portfolio comprising 89% narrow-body aircraft and 78% new technology aircraft (by net book value). SMBC Aviation Capital has a strong capital position and holds an A- and BBB+ rating with S&P and Fitch respectively, reflecting the long-term strength of its business. 

For more information, please visit: https://www.smbc.aero/