Aviation Capital Group Announces the Closing of a $650 Million Secured Funding Facility

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today the closing of a $650 million secured funding facility in support of its growing Aircraft Financing Solutions (AFS) business. The facility was structured by Crédit Agricole and includes an accordion option which can be exercised to provide up to $1 billion in total commitments. The initial $650 million commitment was provided by a syndicate of the company’s relationship banks including Crédit Agricole, Société Générale, BNP Paribas, Commerzbank, Caixa Bank, and Crédit Industriel et Commercial Bank.

“ACG is delighted to have partnered with our relationship banks to deliver this funding warehouse in support of our AFS program,” said Madhu Vijay, Executive Vice President and Chief Financial Officer of ACG. “The closing of this warehouse is one more example of how ACG continues to support the OEMs and our leasing customers by moving the ball forward in innovative ways to help finance the industry.”

“This new facility provides additional capacity for our AFS program and demonstrates ACG’s position as a market leader offering innovative funding solutions to our airline partners,” said Khanh T. Tran, President and Chief Executive Officer.

About Aviation Capital Group

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of December 31, 2019, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

Contacts

Gordon Grant

Head of Investor and Media Relations

+ 1 949 219 4664

gordon.grant@aviationcapital.com

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