Aviation Capital Group Announces Closing of $800 Million Senior Unsecured Notes
Aviation Capital Group Announces Closing of $800 Million Senior Unsecured Notes
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (“ACG”), a premier global full-service aircraft asset manager, announced today the closing of its sale of $800 million of senior unsecured notes (the “Notes”), consisting of $500 million aggregate principal amount of 5.125% senior unsecured notes due 2030 and $300 million aggregate principal amount of 4.750% senior unsecured notes due 2027. 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.
“We are pleased to announce the successful closing of our latest bond issuance,” said Eric Blau, Senior Vice President and Treasurer of ACG. “The attractive yield achieved in today’s transaction builds on our strong 2024 performance and positions us well to execute on our business plan.”
The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any jurisdiction and may be offered or sold only in a transaction exempt from, or not subject to, the registration requirements of the Securities Act. The Notes were offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.
About Aviation Capital Group
Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of December 31, 2024, leased to roughly 85 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.
Contacts
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MediaRelations@AviationCapital.com
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InvestorRelations@AviationCapital.com