FTAI Aviation Ltd. (NASDAQ: FTAI) closed a $2.0 billion warehouse financing facility for the 2026 SPV, the second investment vehicle under its Strategic Capital business, according to a press release. The facility closed on Aug. 14, 2026.

The facility was syndicated among 13 financial institutions and includes a $1.0 billion accordion feature, bringing potential total capacity to $3.0 billion. Proceeds will be used to finance the 2026 SPV's acquisition of on-lease, mid-life 737NG and A320ceo aircraft, with FTAI handling engine maintenance through its Maintenance, Repair and Exchange business.

With the closing, FTAI's Strategic Capital vehicles have raised a combined $5.5 billion in warehouse financing in under two years.

The facility follows the deployment of the 2025 SPV, FTAI's first Strategic Capital vehicle, which raised $2.0 billion in equity commitments in October 2025. That vehicle has committed approximately $6.0 billion of total capital across more than 300 aircraft and has entered what the company describes as its harvest phase.

"This financing represents continued execution of our Strategic Capital business plan," said Kallie Steffes, Head of Strategic Capital at FTAI.

Atlas SP Partners and Deutsche Bank served as co-structuring agents. The lender group includes Atlas SP Partners, Deutsche Bank, Apple Bank, BNP Paribas, Citibank, Citizens Bank, Goldman Sachs, MUFG Bank, PNC Bank, Royal Bank of Canada, Standard Chartered, Truist Bank, and U.S. Bank. Gibson, Dunn & Crutcher LLP advised FTAI, while Clifford Chance US LLP represented the lenders.