On December 24, 2020, Aviation Capital Group LLC (“ACG”) closed a $500 million unsecured loan with Mizuho Bank Ltd. The loan matures in December 2023 and is supported by an Overseas Untied Loan Insurance policy from Nippon Export and Investment Insurance (“NEXI”), the official export credit agency of Japan. Tokyo Century Corporation helped arrange, lead, and support the transaction.
“This transaction is another significant milestone for ACG as we continue to diversify our funding sources,” said Madhu Vijay, Executive Vice President and CFO of ACG. “We are very appreciative of Mizuho’s continued support of ACG and Tokyo Century, and grateful to our parent, Tokyo Century, for their key role in identifying and arranging NEXI support for this transaction.”