By Rebecca Melvin
New York, Jan. 15 – Aviation Capital Group LLC announced that it has priced and closed on $750 million of 1.95% senior notes due 2026, according to a news release on Friday.
The notes are not guaranteed by Aviation Capital Group’s parent company or subsidiaries.
The company plans to use the proceeds of the notes for general corporate purposes, including repayment of debt and commercial aircraft purchases.
Aviation Capital Group is a subsidiary of Tokyo Century Corp., which is a global aircraft leasing company based in Newport Beach, Calif.
| Issuer: | Aviation Capital Group LLC
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| Amount: | $750 million
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| Description: | Senior notes
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| Maturity: | 2026
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| Coupon: | 1.95%
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| Announcement date: | Jan. 15
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| Distribution: | Rule 144A and Regulation S
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