NEWPORT BEACH, Calif. (May 1, 2018) – Aviation Capital Group LLC (“ACG”) announced today that it has closed the sale of $650 million of 3.875% senior unsecured notes due 2023. Proceeds from the Notes will be used for general corporate purposes, including repayment of existing indebtedness. The Notes are not guaranteed by ACG’s parent company, any of ACG’s subsidiaries, or any third party.
“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. We appreciate the ongoing support of our investor base and welcome the addition of our newest investors,” said Eric Blau, senior vice president and treasurer, ACG.