UAE, 18 March, 2025 : Dubai-based private jet firm Vista has successfully secured a $600 million investment from a global consortium of investors, led by Singapore-based private equity firm RRJ Capital. The capital infusion is set to optimize Vista’s capital structure, strengthen its cash flow generation, and reduce existing debt, positioning the company for continued growth and success.
The transaction is scheduled to be finalized by the end of this month, with UBS and Jefferies acting as financial advisors to RRJ Capital and Vista, respectively. Richard Ong, the founder and CEO of RRJ Capital, expressed his excitement about the strategic investment, noting it marks a new chapter in Vista’s expansion after over 20 years of industry innovation and a global presence across various markets.
Vista is known for its subsidiary, VistaJet, which offers customers access to a fleet of over 300 super-midsize, long-range aircraft. This investment is expected to strengthen Vista’s competitive position in the private jet industry, enabling it to expand its services and reach even more customers worldwide.
Source : www.zawya.comRelated Posts
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