Aviation Capital Group Announces Closing of $1 Billion Senior Unsecured Notes Offering
NEWPORT BEACH, Calif. (July 10, 2020) – Aviation Capital Group LLC (“ACG”), a leading aircraft asset manager, announced today the closing of its sale of $1 billion aggregate principal amount of 5.500% senior unsecured notes due 2024 (the “Notes”). 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. 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.