SMBC Aviation Capital announces unsecured global syndicated finance facility of US$2 billion
10/02/2026
- Dual tranche 7-year and 5-year global syndication deal raising US$2 billion from seven financial institutions
- Proceeds of the facility will be used to fund SMBC Aviation Capital’s commitments under the Sumisho Air Lease transaction
- The inclusion of the 7-year tranche in an unsecured syndicated facility is a first for SMBC Aviation Capital
Dublin, 10 February 2026: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announced that it has finalised a dual tranche 7-year and 5-year global syndicated banking facility.
The transaction raised US$2 billion from seven financial institutions, each of whom are relationship banking partners for SMBC Aviation Capital based in Asia and Europe. The syndicated finance facility comprises a $1.5 billion 5-year tranche and a $500 million 7-year tranche. This announcement marks the successful conclusion of the senior syndication phase of the transaction, with the general syndication phase expected to be launched shortly where additional banks will be invited to participate in the facility.
The proceeds of this facility will be utilised to fund SMBC Aviation Capital’s commitments under the Sumisho Air Lease transaction.
Commenting on the transaction, Aisling Kenny, Chief Financial Officer, SMBC Aviation Capital, said: “This transaction represents another successful milestone in our syndicated banking programme and further strengthens our relationship with seven of our key banking partners. The closing of this transaction will provide an important source of capital for SMBC Aviation Capital as we look ahead to the closing of the Sumisho Air Lease transaction. The inclusion of the 7-year tranche is particularly noteworthy as this represents the first time we have accessed unsecured capital from the syndicated banking market at this tenor.”
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.
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
Note to Editors
ABOUT THE SUMISHO AIR LEASE TRANSACTION:
In September 2025, Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds and Brookfield, announced that they reached a definitive agreement to acquire Air Lease Corporation (“Air Lease”). Upon closing, Air Lease will be renamed Sumisho Air Lease.
To read more about the transaction click here - https://www.smbc.aero/news/2025/sumitomo-corporation-smbc-aviation-capital-apollo-and-brookfield-acquire-air-lease
ABOUT SMBC AVIATION CAPITAL:
SMBC Aviation Capital is one of the largest aircraft leasing companies globally by number of aircraft and benefits 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 a portfolio comprising 87% narrow-body aircraft and 73% 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/
This transaction represents another successful milestone in our syndicated banking programme and further strengthens our relationship with seven of our key banking partners. The closing of this transaction will provide an important source of capital for SMBC Aviation Capital as we look ahead to the closing of the Sumisho Air Lease transaction. The inclusion of the 7-year tranche is particularly noteworthy as this represents the first time we have accessed unsecured capital from the syndicated banking market at this tenor.
Aisling Kenny, Chief Financial Officer, SMBC Aviation Capital