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Terra Firma, CPPIB Put $529M In AWAS

Private equity firm, Terra Firma, and the Canada Pension Plan Investment Board have invested $529 million in Dublin-based aircraft lessor, AWAS.

    Private equity firm,Terra Firma, and the加拿大退休金计划投资委员会(CPPIB) have invested $529 million in Dublin-based aircraft lessor,AWAS,The Wall Street Journalreports. The investors will also inject a further $200 million for future acquisitions.

    After the investment, Terra Firma’s stake in the business will be lowered to 60%, while CPPIB, which is putting in a greater proportion of the investment, will have 25% and other investors’ 15%. AWAS will use the investment to pay for the 110 planes that it has already ordered.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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