Aviation Capital closes $450 million unsecured term loan

By Taylor Fox

New York, Sept. 25 – Aviation Capital Group LLC closed its $450 million unsecured term loan with its parent company, Tokyo Century Corp., according to a news release.

Tokyo Century, with the support of the Japan Bank for International Cooperation and other Japanese financial institutions, borrowed this debt capital on behalf of Aviation and lent the proceeds to its subsidiary via an intercompany loan.

Aviation Capital is a global aircraft leasing company based in Newport Beach, Calif.

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