Dublin based global aircraft asset manager, Airborne Capital, has closed a $20m financing offer.
The corporate notes were offered through its US subsidiary, Airborne Capital.
The company plans to use the money to refinance existing debt and for growth capital.
"This new capital raise paves the way for further growth and allows us to continue expanding our asset management business," said Hari Raghavan, Partner at Airborne Capital.
"This financing reflects our strong commercial position, and better positions us to serve our clients in the increasingly evolving aviation space."
"This transaction marks a significant milestone for Airborne. It represents the confidence that institutional investors have in Airborne Capital."
Airborne Capital is substantially owned by the group's management.
Last week it emerged that Elliot Investment Management had increased its stake in Airborne by acquiring nearly $3m worth of payment-in-kind equity notes in the firm.
Airborne currently manages more than $2bn of aircraft assets for airlines and institutional investors.
The company has offices in Dublin, Shannon, London, New York, Hong Kong and Tokyo.
