Aviation Capital Group | Bond issuance | 07-20 | $1bn | Transaction | Airfinance Journal

Aviation Capital Group | Bond issuance | 07-20 | $1bn

Aviation Capital Group (ACG) intends to raise $1 billion through an unsecured notes issuance.

The notes carry a 5.5% interest rate and are due in 2024.

ACG intends to use the proceeds for general corporate purposes, which may include the purchase of aircraft and repayment of existing debt.

Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured rating of A- with a negative outlook to the issue.


Deal Categories

Regions:
North America
United States
Tagged as:
Unsecured
Debt Capital Markets
G8

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8