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.