FTAI Upsizes Revolving Credit Facility to Over $2 Billion

FTAI (NASDAQ: FTAI) amended and extended its revolving credit facility, increasing total commitments from $400.0 million to $2.025 billion and extending the facility maturity to April.

Rhea-AI Summary

FTAI (NASDAQ: FTAI) amended and extended its revolving credit facility, increasing total commitments from $400.0 million to $2.025 billion and extending the facility maturity to April. The upsized Facility was led by JPMorgan Chase and syndicated among global banks and was oversubscribed, a record for FTAI.

The company said the larger size and improved pricing will reduce borrowing costs, support growth objectives and allow greater flexibility to pursue market opportunities.

Positive

• Revolving facility increased from $400 million to $2.025 billion
• Facility was oversubscribed and is a record size for FTAI
• Syndicate led by JPMorgan with major global banking participants
• Company cited improved pricing that reduces cost of borrowing
• Extended facility maturity to April, providing longer funding runway

Negative

• None.

Argus Apr 30 session

+17.16% close to close 2.6x rel. volume Open Argus

Details

News Market Reaction – FTAI

On Apr 30, the first trading day after this news, FTAI closed 17.16% above the previous close. That session’s volume was 2.6x the stock’s average daily volume.

Data tracked by StockTitan Argus for the Apr 30 session.

Key Figures

New facility commitments: $2.025 billion Prior facility commitments: $400 million Facility maturity reference: 2031 +1 more

New facility commitments

$2.025 billion

Upsized revolving credit facility 2031 total commitments

Prior facility commitments

$400 million

Previous size of revolving credit facility before amendment

Facility maturity reference

2031

Referenced in name of amended revolving credit facility 2031

Announcement date

April 29, 2026

Date FTAI announced the revolving credit facility amendment

Historical Context

5 past events · Latest: Apr 01

5 events

1. Apr 01

   Earnings call timing

   24h Move

   +2.0%

   Set dates for Q1 2026 earnings release and conference call.

2. Mar 06

   CFO transition

   24h Move

   -4.8%

   Announced new CFO and Chief Accounting Officer from internal finance roles.

3. Feb 25

   Earnings and dividend

   24h Move

   -0.6%

   Reported Q4/FY 2025, raised dividend and 2026 adjusted EBITDA guidance.

4. Feb 17

   Fleet acquisition

   24h Move

   +2.1%

   Acquired seven Airbus aircraft from Air France for end-of-life fleet strategy.

5. Feb 12

   Executive appointments

   24h Move

   +3.3%

   Named a new President and COO to support scaling and operations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

revolving credit facility, administrative agent, syndication agents, cost of borrowing

4 terms

revolving credit facility financial

"announced that it has amended and extended its existing revolving credit facility 2031"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

administrative agent financial

"The Facility is led by JPMorgan Chase Bank as Administrative Agent and BNP Paribas"

An administrative agent is a bank or financial firm appointed to handle the day-to-day paperwork and communication for a group of lenders on a loan or credit agreement, acting as the central point for collecting payments, distributing funds, monitoring covenants, and sharing information. For investors, the administrative agent matters because it influences how quickly lenders receive updates, how smoothly repayments and waivers are handled, and how effectively the lending group enforces terms — think of it as a property manager coordinating tasks for multiple owners.

syndication agents financial

"BNP Paribas, Citibank, MUFG Bank, PNC Bank and Royal Bank of Canada as Syndication Agents"

Syndication agents organize and coordinate a group of banks or investors to provide and sell a large loan or securities offering. They act like a lead coordinator who lines up participants, negotiates key terms, manages paperwork, and oversees how the deal is split so a large financing can close smoothly. For investors, the agent’s reputation and choices influence pricing, who carries risk, and how quickly and reliably a financing is completed.

cost of borrowing financial

"improved pricing terms that reduce our cost of borrowing, will support the overall growth"

The cost of borrowing is the total price a company or investor pays to access loaned money, including interest, fees and any required collateral or covenants. Like renting a car instead of buying one, higher borrowing costs reduce available cash and can squeeze profit or growth plans; lower costs make funding expansions and refinancing cheaper, so changes directly affect company valuations and investor returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) today announced that it has amended and extended its existing revolving credit facility 2031 (the “Facility”), increasing total commitments from $400 million to $2.025 billion and extending the maturity to April. The Facility is led by JPMorgan Chase Bank as Administrative Agent and BNP Paribas, Citibank, MUFG Bank, PNC Bank and Royal Bank of Canada as Syndication Agents. Other banks participating include Barclays, Citizens Bank, Deutsche Bank, Goldman Sachs and Truist Bank as Co-Documentation Agents, as well as Capital One, Standard Chartered and U.S. Bank.

The Facility was oversubscribed and is a record size for FTAI, positioning the Company to pursue compelling opportunities in the market to deliver sustained growth and long-term value for its shareholders.

“We are pleased to complete the upsize of our revolving credit facility and thank our banking partners for their support and confidence in our business,” said Nicholas McAleese, Chief Financial Officer of FTAI. “The increased size, combined with improved pricing terms that reduce our cost of borrowing, will support the overall growth objectives of our business and allow us to be nimble when attractive opportunities arise.”

About FTAI

FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com.

For further information, please contact:
Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
aandreini@ftaiaviation.com

Media:
Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FTAI (NASDAQ: FTAI) announce about its revolving credit facility on April 29, 2026?

FTAI announced an amendment and extension that upsized the revolving credit facility to $2.025 billion. According to the company, commitments increased from $400 million and the Facility was oversubscribed, with major banks participating in the syndicate.

How will the $2.025 billion Facility affect FTAI's borrowing costs and flexibility?

The company says the larger Facility comes with improved pricing that reduces FTAI's cost of borrowing and increases liquidity. According to the company, that combination is intended to support growth objectives and enable nimble pursuit of attractive market opportunities.

Who are the lead banks and participants in FTAI's amended credit facility (FTAI)?

JPMorgan Chase Bank serves as Administrative Agent, with BNP Paribas, Citibank, MUFG, PNC and RBC as Syndication Agents. According to the company, additional banks include Barclays, Deutsche Bank, Goldman Sachs and others.

Does the amended Facility change the maturity date for FTAI's credit facility?

Yes. The amendment extends the Facility's maturity to April. According to the company, the amendment both increases commitments to $2.025 billion and extends the maturity to provide a longer funding runway.

What does FTAI say the $2.025 billion upsized Facility enables for shareholders?

FTAI states the upsized Facility positions the company to pursue compelling market opportunities to deliver sustained growth and long-term shareholder value. According to the company, the increased size and improved pricing support its overall growth objectives.