Mizuho Upsizes Support to Clover Aviation Capital with a USD500 Million Unsecured Revolving Facility
Clover Aviation Capital announces the upsizing of Mizuho Bank’s support with an unsecured Revolving Facility of USD 500 million from USD 300 million in October 2024, demonstrating Mizuho's recognition of its strategic ties with Clover and its commitment to support Clover's growth.
The Facility from Mizuho will support Clover to realize strategic objectives through expansion of its quality aircraft portfolio, enhancement of service offerings and strengthening of Clover’s outreach in the global aviation sector.
Mabel PENG, SVP, Head of Financing in Clover Aviation Capital, stated, “We are grateful for Mizuho’s continued trust. This upsized loan positions us well to capitalize on emerging opportunities in the aviation market.”
Mizuho’s Facility underscores Clover’s pride in being part of the “proactive innovation together with clients” initiative, which strengthens our collaborative efforts and enhances our collective capabilities, setting a solid foundation for more achievements.
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