AerSale Corporation Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

FINANCING ARRANGEMENTS (Tables)

FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of outstanding debt obligations


	2020		2019
$110.0 million Wells Fargo Senior Secured Revolving Credit Facility LIBOR plus margin, interest payable monthly, maturity at July 20, 2021	$	—	$	—
$35.0 million Senior Secured Notes, interest payable with principal monthly, maturity at August 19, 2020 net of debt issuance costs of $72,000 as of December 31, 2019		—		3,352,000
Total		—		3,352,000
Less current portion		—		(3,352,000)
Total long-term portion	$	—	$	—

Schedule of amortization expense


	Year ended December 31,
	2020		2019		2018
Amortization expense	$	740,000	$	803,000	$	1,020,000

Revolving credit agreement

Financing arrangements

Schedule of interest expense


	Year ended December 31,
	2020		2019		2018
Interest expense	$	479,000	$	1,389,000	$	703,000

Senior secured notes

Financing arrangements

Schedule of interest expense


	Year ended December 31,
	2020		2019		2018
Interest expense	$	77,000	$	516,000	$	938,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details