California-based Aviation Capital Group has amended a senior unsecured revolving credit facility with JP Morgan Chase Bank as administrative agent, extending the maturity date to 3 June, 2024.
Total commitments increased by $370 million, to approximately $2.0 billion.
Together with another unsecured revolving credit facility, ACG has $2.2 billion of revolving commitments from 24 financial institutions globally.
Related transaction id: 8173
Update: Newport Beach-headquartered Aviation Capital Group (ACG) has amended and extended a senior unsecured revolving credit facility with JP Morgan Chase Bank as administrative agent.
Total revolving commitments were increased to approximately $2.4 billion from $2.1 billion, across 21 financial institutions, and the final maturity date of the facility was extended from June 2025 to June 2026.
Update: In June 2023 the maturity of the loan was extended by one year till June 2027.