Tokyo Capital-owned Aviation Capital Group (ACG) recently closed two unsecured term loans totalling $600 million.
The first loan is a $300 million senior unsecured term loan with an accordion feature, which allows for an extra $50 million. This first loan's final maturity will be in December 2027. MUFG Bank acted as the sole lead arranger and bookrunner for the deal.
The second loan is a $300 million senior unsecured term loan with the Japan Bank for International Cooperation (JBIC).
“We are pleased to announce the closing of $600 million in term loan financings. These transactions demonstrate ACG’s commitment to diversified funding across markets," said Eric Blau, ACG's senior vice president and head of capital markets. “We extend our gratitude to JBIC and MUFG for their deal leadership, and we would like to thank our parent Tokyo Century for their ongoing support of ACG as we continue to execute our growth strategy,” Blau added.