ATLANTA (April 2, 2013) – Smith, Gambrell & Russell, LLP aviation corporate attorneys Don Mitchell and Gavin Meyers advised Intrepid Aviation in the closing of a capital raise in excess of $400 million from new and existing investors.
The transaction, announced last month, brings Intrepid’s equity capital commitments to $650 million, allowing them to implement plans to grow their wide body fleet and support their clients in their long-term aircraft financing needs.
Intrepid Aviation is a privately held commercial aircraft lessor, which owns and manages commercial aircraft leased to airline operators worldwide. Since 2006, Intrepid Aviation has been owned by Reservoir Capital Group, a New York-based private equity firm. Headquartered in Stamford with offices in Dublin and Singapore, Intrepid Aviation currently holds the largest A330 (-200, -300 and -200F) family lessor backlog order with 18 aircraft. For more information on Intrepid Aviation, go to www.intrepidaviation.com