News / Events
2017

STELLWAGEN ISSUES FIRST LOAN TO CALC FOR NEW AIRBUS A321 VALUED AT $116M

Stellwagen Capital’s Asset Under Management reaches almost €1.6 billion Stellwagen Capital’s Asset Under Management reaches almost €1.6 billion Stellwagen Capital, part of the Stellwagen Group, a leading commercial aviation advisory and asset management business, announced today (Tuesday, 18 July 2017), that it has given its first loan from its recently launched Senior Loan investment vehicle (Stelloan Investment Company I DAC). The 10-year loan to CALC is secured against a new Airbus A321 valued at $116 million, at current list prices. The loan has a balloon structure, which makes it a very attractive financing option for leasing companies and airlines as it minimises cash outflows during the tenor of the loan. (more…)

Read More

Howard Millar Appointed Chief Operating Officer of Stellwagen Group & Chief Executive Officer of Stellwagen Capital

The Board of Directors of Stellwagen Finance Company (the “Company”), the holding company which includes Dublin, Ireland based Aviation Finance Company and Seraph Aviation Management (“the Stellwagen Group”) announced that Howard Millar has been appointed Chief Operating Officer (“COO”) of the Stellwagen Group. Howard will also serve as Chief Executive Officer (“CEO”) of Stellwagen Capital* a newly formed subsidiary of the Company. Howard Millar is the former Deputy Chief Executive and Chief Financial Officer of Ryanair Holdings plc, Europe’s largest airline, with a market capitalisation of $21 billion, where he served in a number of senior roles over 23 years. Howard is currently a Non-Executive Director of Ryanair Holdings plc. Douglas Brennan, CEO of the Group, said: “I can think of no better person to lead our team of investment professionals than Howard Millar. He brings game changing ability to...

Read More

MARC BOURGADE APPOINTED CHIEF EXECUTIVE OFFICER OF AVIATION FINANCE COMPANY

The Board of Directors of Aviation Finance Company Limited today announced that Marc Bourgade will become the firm’s Chief Executive Officer, effective March 15, 2016, while Founder and CEO Douglas Brennan will continue to serve as Chairman and CEO of the Stellwagen Group of Companies, the parent of AFC. The company remains based in Dublin. Mr. Bourgade also will join the company’s Group Executive Committee. Eugene O’Reilly, a director of the AFC Board, said, “Over the past three years, under the expert leadership of Douglas Brennan, we have built operations in Ireland and across the globe in the face of a highly competitive market. AFC has invested and arranged over $5 billion of debt for our industry by developing innovative products that have helped reshape how we organize and deploy capital in the aviation market.” Mr. O’Reilly continued, “Doug and...

Read More