Aircraft
Business Aircraft Financier Global Jet Raises $517M
It's Global Jet Capital's third asset-backed securitization bringing its total to more than $2.1 billion.

Business aircraft financier Global Jet Capital has closed its third securitization in a little more than a year, raising $517 million, the Connecticut-based company announced June 20. The "BJETS 2019-1" securitization was the company’s third asset-backed security (ABS) offering with total assets securitized now reaching more than $2.1 billion. It concluded its first securitization for $608 million in late February 2018, followed by a second securitization in June 2018, raising $674 million.