Latest news with #EricBlau
Yahoo
16-06-2025
- Business
- Yahoo
Aviation Capital Group Closes $1 Billion Delayed Draw Secured Term Loan
NEWPORT BEACH, Calif., June 16, 2025--(BUSINESS WIRE)--Aviation Capital Group LLC ("ACG") announced today the closing of a $1 billion delayed draw secured credit facility entered into with a syndicate of lenders and maturing in June 2027. Crédit Agricole Corporate & Investment Bank acted as Structuring Agent, Lead Arranger, Bookrunner and Administrative Agent. Bank of China, Los Angeles Branch, BNP Paribas, Société Générale and Truist Bank joined as Joint Lead Arrangers. "We are excited to announce the closing of this facility and appreciate the continued support from the syndicate of lenders," said Eric Blau, Senior Vice President, Head of Capital Markets and Treasurer of ACG. "This facility diversifies our funding sources and provides attractive financing for our growth initiatives." About Aviation Capital Group Aviation Capital Group is one of the world's premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of March 31, 2025, leased to roughly 80 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit View source version on Contacts Media RelationsMediaRelations@ Investor RelationsInvestorRelations@
Associated Press
16-06-2025
- Business
- Associated Press
Aviation Capital Group Closes $1 Billion Delayed Draw Secured Term Loan
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jun 16, 2025-- Aviation Capital Group LLC ('ACG') announced today the closing of a $1 billion delayed draw secured credit facility entered into with a syndicate of lenders and maturing in June 2027. Crédit Agricole Corporate & Investment Bank acted as Structuring Agent, Lead Arranger, Bookrunner and Administrative Agent. Bank of China, Los Angeles Branch, BNP Paribas, Société Générale and Truist Bank joined as Joint Lead Arrangers. 'We are excited to announce the closing of this facility and appreciate the continued support from the syndicate of lenders,' said Eric Blau, Senior Vice President, Head of Capital Markets and Treasurer of ACG. 'This facility diversifies our funding sources and provides attractive financing for our growth initiatives.' About Aviation Capital Group Aviation Capital Group is one of the world's premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of March 31, 2025, leased to roughly 80 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit View source version on CONTACT: Media Relations [email protected] Relations [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: PROFESSIONAL SERVICES AIR TRANSPORT TRANSPORTATION FINANCE ASSET MANAGEMENT TRAVEL SOURCE: Aviation Capital Group LLC Copyright Business Wire 2025. PUB: 06/16/2025 04:00 AM/DISC: 06/16/2025 03:59 AM
