AeroTurbine raises revolving credit facility size to $430 million

By Sara Rosenberg

New York, Feb. 23 - AeroTurbine Inc. increased its existing senior secured revolving credit facility to $430 million from $335 million, according to a news release.

Pricing on the revolver is Libor plus 300 basis points.

The upsizing was done to give the company increased flexibility for additional opportunities in the spare parts market.

AeroTurbine is a Miami-based provider of certified aircraft engines, parts and supply-chain services.

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