AerSale Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

FINANCING ARRANGEMENTS (Tables)

FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of outstanding debt obligations


	December 31,
	2023
$180.0 million Wells Fargo Senior Secured Revolving Credit Facility	$	29,000
$10.0 million Synovus Property and Equipment Revolving Term Loan		8,559
Total		37,559
Less current portion		(1,278)
Total long-term portion	$	36,281

Schedule of amortization expense

Amortization expense was as follows (in thousands):


	Year Ended December 31,
	2023		2022		2021
Amortization expense	$	400	$	455	$	494

Schedule of interest expense

Interest expense on the Revolving Credit Agreement was as follows (in thousands):


	Year Ended December 31,
	2023		2022		2021
Interest expense	$	733	$	2	$	4

Schedule of payments on the equipment loan


Year ending December 31:
2024	$	1,278
2025		2,727
2026		2,971
2027		1,583
Total payments	$	8,559

- 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.

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+ Details