Intrepid Finances one Airbus A330-300 with Citi

By Business Wire News May 11, 2015

STAMFORD, Conn.

Intrepid Aviation today announced the financing of one Airbus A330-300 aircraft. The aircraft was purchased with cash in 2014. Citi provided the long-term financing.

“We are pleased with the continued support of Citi in helping us finance our portfolio growth,” says Ryan Schroeter, Intrepid’s Vice President Corporate Finance. “Citi has been a key advisor and lender to Intrepid since 2012.”

ABOUT INTREPID AVIATION

Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787, 777 and the Airbus A330 aircraft.

ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS

Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately $7 billion in assets under management. – Centerbridge Partners, LP. is a private investment firm headquartered in New York City with approximately $20 billion in capital under management.