Aviation Capital Group Announces Closing of $750 Million of Senior Unsecured Notes
NEWPORT BEACH, Calif. (Oct. 18, 2017) – Aviation Capital Group LLC (“ACG”) announced today that it has closed the sale of $750 million of 3.500% senior unsecured notes due 2027. 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 issuance marked the company’s fourth 10-year maturity offering in the 144A market and attracted ACG’s highest number of institutional investors in a single offering. We appreciate the continued support of our investors as we continue to fund the company’s business plan,” said Eric Blau, Treasurer, ACG.