
In connection with operating lease and tax-based lease financings along with its management of FLY Leasing Limited, BBAM has sourced and arranged non-recourse debt totaling more than $15 billion through its extensive and long-lasting relationships with all the major commercial and investment banks throughout the world. In 2007, BBAM successfully raised more than $850 million in the aircraft ABS market for FLY in connection with its IPO. In addition, it raised a separate $1.2 billion aircraft acquisition facility for FLY and another $1.0 billion aircraft acquisition facility for a NBB/BBAM-funded joint venture.