Aviation Capital Group Announces Closing of $600 Million Senior Unsecured Notes

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (“ACG”) announced today the closing of its sale of $600 million aggregate principal amount of 5.375% senior unsecured notes due 2029 (the “Notes”). The Notes are recourse only to ACG and are not guaranteed by ACG’s parent company, any of ACG’s subsidiaries, or any third party. ACG intends to use the net proceeds from the Notes for general corporate purposes, including repayment of outstanding indebtedness and the purchase of commercial aircraft.

“Today’s debt issuance marks another successful 144A offering for ACG and a continuation of our ongoing strategy to efficiently fund the company’s growth,” said Eric Blau, Senior Vice President, Head of Capital Markets and Treasurer of ACG. “We appreciate the ongoing support of our investor base and welcome the addition of our newest investors.”

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit www.aviationcapitalgroup.com.