Press Release

Issued by Waypoint Leasing.

October 22, 2015

Waypoint Leasing, the largest independent global helicopter leasing company, today announced that it has expanded and extended its unsecured revolving credit facility through the addition of Deutsche Bank AG and Goldman Sachs & Co. as lenders to the existing co-leads, SunTrust Robinson Humphrey, Inc. and MUFG Union Bank, N.A. The company will use the proceeds to support its aircraft order program and to continue to facilitate efficient closings for its customers.

Alan Jenkins, cfo of Waypoint, said, “Waypoint appreciates the continued support of our financing partners. These recent modifications to our unsecured revolver improve the company's financial flexibility and further extend our debt maturity profile. We are very pleased to expand and extend this facility, which is another validation of Waypoint's strong market position and performance in the helicopter leasing market.”

Oliver Althoff, md of Capital Markets and Treasury added, “Waypoint continues to build out its capital base with diversified debt products and investor groups to achieve a conservative but flexible capital structure. Increasing and extending our unsecured facility on attractive terms is a further sign of the maturity and differentiation of Waypoint in this market segment.”

To date, Waypoint has accessed secured and unsecured financings in the bank, export credit and debt capital markets. Waypoint's acquired fleet is on lease and operating in 26 countries, with total assets in excess of $1.3 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 125 helicopters valued at more than $1.7 billion, to be delivered over the next five years.