Amedeo, Centerbridge and Reservoir Agree On Strategic Partnership Involving Intrepid Aviation

Dublin, 2 July 2018 – Centerbridge Partners, L.P. (“Centerbridge”) and Reservoir Capital Group, L.L.C. (“Reservoir”) have agreed to acquire a minority stake in Amedeo Capital Limited (“Amedeo”) as part of their continued investment strategy in the aviation industry. Amedeo will acquire the U.S. management subsidiary of Intrepid Aviation Holdings Group (“Intrepid”) and will make a minority investment in Intrepid as part of a broader strategic partnership where Amedeo will provide management and aircraft support services to Intrepid.