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Nov 3, 2025 12:20 AM

Griffin Global Asset Management Announces Closing of Inaugural $1.245 Billion Series into Mid-Life Aircraft Master Trust Platform

DUBLIN, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ("Griffin") announces that GGAM Master Trust International, Ltd. and GGAM Master Trust US LLC (collectively, "GGAM Master Trust"), newly established special purpose companies comprising Griffin's Midlife Aircraft Master Trust Platform, closed the inaugural issuance of $1.245 billion of Fixed Rate Notes (the "Series 2025-1 Notes").

The Series 2025-1 Notes were comprised of:

$1.12 billion of 5.923% Class A Fixed Rate Notes (the "Series 2025-1 Class A Notes")

$125 million of 9.702% Class Y Fixed Rate Notes (the "Series 2025-1 Class Y Notes")

The Series 2025-1 Class A Notes and Series 2025-1 Class Y Notes are rated A- (sf) and BB- (sf), respectively by Fitch. The initial portfolio to be acquired by GGAM Master Trust using the proceeds of Series 2025-1 Notes have an initial appraised value of $1.44 billion. The E-Notes to be issued by GGAM Master Trust were acquired by funds managed or advised by Bain Capital, Griffin and or their affiliates. The initial aircraft portfolio comprises a mix of 25 narrowbody and widebody aircraft that ...