Barings Capital Solutions acquires US$200m+ aircraft portfolio

Barings Capital Solutions has announced it has entered into a purchase agreement to acquire a portfolio of narrow-body commercial passenger aircraft through its Capital Solutions platform. The platform invests across the capital structure to deliver tailored solutions, partnering with GENESIS, the full-service aircraft lessor wholly owned by Barings-managed funds, to originate, underwrite, and manage the portfolio.

The portfolio consists of 12 end-of-life narrow-body aircraft and their associated leases, valued at over US$200 million. In line with the Barings Capital Solutions team's investment strategy, the transaction is structured to deliver contractual cash returns to investors, with additional upside potential through asset appreciation.

Michael Searles, Head of North America for Barings Capital Solutions, expressed excitement about partnering with the Genesis team on this unique transaction, highlighting the extensive origination capabilities of both platforms.