VistaJet’s parent company Vista Global is looking to tie up a multi-step capital raise that could improve its credit profile and help to chart a viable course to a potential IPO within the next couple of years — if it can deliver on its ambitious growth plans.

For existing shareholders that have stood by the company through concerns over leverage, legal battles with competitors, and underwhelming earnings, the deal could also provide a more immediate reward by unlocking a dividend payment, according to 9fin sources.