Press Release

Issued by Global Jet Capital.

March 1, 2018

Global Jet Capital, a global provider of financial solutions for business aircraft, closed its inaugural securitization, the $608 million BJETS 2018-1 transaction, which priced on February 21, 2018. The transaction marks the first ABS capital markets financing backed exclusively by business jet operating leases and loans.

The notes were structured in three tranches: a $497 million Tranche, rated A by Kroll; a $74 million tranche, rated BBB by Kroll; and a $37 million tranche, rated BB by Kroll. The transaction was almost three-times oversubscribed, generating more than $1.7 billion in orders from more than 30 unique investors.

Deutsche Bank Securities was the Lead Structuring Agent and Lead Bookrunner for the transaction. BofA Merrill Lynch and Citigroup were Joint Structuring Agents and Joint Bookrunners, and Morgan Stanley was Joint Bookrunner. Global Jet Capital will continue to service the assets.

Shawn Vick, CEO of Global Jet Capital, stated, “The investor community is increasingly looking to diversify their portfolios to reduce risk and find new opportunities. Their response to our offering is testament to both the strong portfolio of assets we have created, and the expertise of the management team. We are especially pleased at the range of investors we have attracted and look forward to delivering strong value for them.”

Global Jet Capital plans to continue to use the ABS market as an integral part of its funding strategy in the future.