Global Jet Capital Completes Securitization, Raising $659.0M
Global Jet Capital Completes Securitization, Raising $659.0M
PR Newswire
DANBURY, Conn., June 16, 2026
DANBURY, Conn., June 16, 2026 /PRNewswire/ — Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2026-1 securitization, raising approximately $659.0 million. BJETS 2026-1 is Global Jet Capital’s nineth asset-backed security (ABS) offering, bringing total assets securitized to approximately $6.7 billion and bonds issued to approximately $5.4 billion.
The BJETS 2026-1 offering contained three tranches of notes: a $561.39 million Class A tranche, a $56.95 million Class B tranche, and a $40.68 million Class C tranche. S&P Global Ratings and Kroll Bond Rating Agency LLC assigned BJETS 2026-1 ratings of A/A, BBB+/BBB and BB/BB on the Class A, B and C tranches, respectively. The transaction attracted 41 unique investors, 12 of which were new to the BJETS program.
As with previous BJETS issuances, BJETS 2026-1 securitizes the cash flows from business aircraft loans and leases representing a diverse group of obligors and assets. BJETS 2026-1 includes 28 leases and loans to corporations and global business leaders representing 20 unique industries. 16 different aircraft models – primarily mid- to large-cabin business aircraft – are represented in the transaction.
Morgan Stanley & Co. was the lead structuring agent and lead bookrunner and Deutsche Bank Securities, BofA Securities, Citigroup Global Markets, KKR Capital Markets and TCG Capital Markets were joint structuring agents and joint bookrunners for the BJETS 2026-1 transaction. In addition, Citizens JMP Securities & PNC Capital Markets were co-managers. Global Jet Capital will continue to service the securitized assets.
Vivek Kaushal, CEO of Global Jet Capital, stated, “The success of our latest issuance reflects our continued portfolio performance and execution, which is made possible by the dedication and hard work of the entire Global Jet Capital team. As always, we are grateful for the ongoing support of our lenders and investors and their commitment and confidence in our business.”
Notes to editors
About Global Jet Capital
With more than $5.6 billion in originations, Global Jet Capital provides comprehensive financing solutions for the business aircraft market. The Global Jet Capital management team has served the business aircraft industry for a combined 325-plus years. The Company has the expertise, financial strength, industry relationships and infrastructure necessary to offer a variety of flexible financing solutions at the speed the market requires. Visit www.globaljetcapital.com to learn more.
SOURCE Global Jet Capital