Aircastle LTD0001362988false00013629882022-09-132022-09-13
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 12, 2022
Aircastle Limited
(Exact name of registrant as specified in its charter)
Bermuda 001-32959 98-0444035
(State or other jurisdiction
of incorporation)
File Number)
 (IRS Employer
Identification No.)
c/o Aircastle Advisor LLC, 201 Tresser Boulevard,
Suite 400
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (203) 504-1020
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Section 1 – Registrant's Business and Operations

Item 1.01 Entry into a Material Amendment to a Material Definitive Agreement
On September 12, 2022 Aircastle Limited announced that it increased the size of its unsecured revolving credit facility to $1 billion from $900 million by way of a $100 million commitment from BMO Harris Bank N.A. as described in the press release attached hereto as Exhibit 99.1, which is incorporated by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104Cover Page Interactive Data File (embedded within the Inline XBRL document).

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
/s/ Christopher L. Beers
Christopher L. Beers
Chief Legal Officer and Secretary
Date: September 13, 2022

Exhibit 99.1


Aircastle Announces Increase of Revolving Credit Facility to $1 billion

STAMFORD, Conn., September 12, 2022-- Aircastle Limited (“Aircastle”) announced today that it increased the size of its unsecured revolving credit facility to $1 billion from $900 million by way of a $100 million commitment from BMO Harris Bank N.A. (“BMO”). The facility expires in April 2025 and provides working capital for general corporate purposes, including aircraft acquisition.
In addition to BMO, the facility’s participants consist of nine leading global financial institutions, with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank, N.A., Royal Bank of Canada, Fifth Third Bank, National Association, Credit Agricole Corporate & Investment Bank, MUFG Bank, Ltd., BNP Paribas and Mizuho Bank, Ltd., as lenders.
Michael Inglese, Aircastle's CEO, stated, "We appreciate the commitment of BMO joining the strong, ongoing support of our bank group to bring this revolving credit facility to $1 billion. As we pursue exciting investment opportunities in a profitable and disciplined manner, our strong access to capital markets is a strategic strength along with our investment grade rating and unique ownership structure."

About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of May 31, 2022, Aircastle owned and managed on behalf of its joint ventures 250 aircraft leased to 74 customers located in 44 countries.

Aircastle Advisor LLC    

Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203 504-1871