Aviation Capital Group (ACG) has closed the sale of $800 million aggregate principal amount of senior unsecured notes, consisting of $300 million 4.375% senior unsecured notes due 2024 and $500 million floating rate senior unsecured notes due 2021.
ACG intends to use the net proceeds 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 any of ACG’s equity holders or subsidiaries, or any third party.