Aviation Capital Group closes $500 million credit facility

By Wendy Van Sickle

Columbus, Ohio, Sept. 5 – Aviation Capital Group LLC announced the closing of a $500 million secured credit facility in support of its Aircraft Financing Solutions business in a Tuesday news release.

The facility was structured by BNP Paribas and Societe Generale and includes an accordion option that can be exercised to provide up to $1 billion of total availability.

“[Aviation Capital] is excited to announce the closing of our second AFS credit facility,” said Robert Lewandowski, managing director of Aviation Capital, said in the release. “This facility further enhances our ability to support our airline customers with innovative financing solutions to help meet their capital requirements.”

Aviation Capital Group is a Newport Beach, Calif., global aircraft leasing company and a subsidiary of Tokyo Century Corp.

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