- RRJ Capital leads a $600 million investment in Vista to enhance financial stability and reduce debt.
- The transaction is expected to close by the end of the month, with UBS and Jefferies as advisors.
- VistaJet, a subsidiary of Vista, operates over 300 private aircraft, catering to a high-net-worth clientele.
Dubai-based private jet company Vista has secured a $600 million investment from a global consortium of investors led by Singapore-based private equity firm RRJ Capital.
Strengthening Financial Position
The investment aims to optimize Vista’s capital structure, enhance cash flow, and reduce debt. This financial boost is expected to reinforce the company’s growth trajectory while improving its financial stability.
The deal is set to close by the end of this month, with UBS and Jefferies serving as financial advisors to RRJ Capital and Vista, respectively.
A Strategic Move
Richard Ong, Founder and CEO of RRJ Capital, expressed confidence in the investment, highlighting Vista’s two decades of innovation and its strong global presence.
“With over 20 years of industry innovation and a presence across all markets, this strategic investment in Vista marks an exciting new chapter in our shared journey,” Ong stated.
Expanding Vista’s Market Reach
One of Vista’s key subsidiaries, VistaJet, provides customers with access to more than 300 super-midsize and long-range aircraft. The company is known for its high-end aviation services catering to elite clientele worldwide.
This investment underscores the growing demand for private aviation and positions Vista as a key player in the industry. The additional capital will likely support expansion plans, fleet upgrades, and improved customer services.
Follow us on Instagram, LinkedIn, and Twitter for startup & business news and inspiring stories of MENA businesses, entrepreneurs, startups, innovators, investors, and change-makers.
To report any issue or error in the story, please email us editor [at] rasmal [dot] com.