Aviation Capital Group (ACG) has secured a US$1.48 billion unsecured term loan facility through its wholly owned subsidiary, ACG Aircraft Financing Ireland DAC, with the facility guaranteed by ACG.
The syndicated agreement, involving 33 lenders across multiple countries, matures in July 2031. Funds may be drawn until January 2027, although no amounts have been drawn to date.
Proceeds will be used by ACG Aircraft Financing Ireland DAC and, through on-lending, ACG Aircraft Leasing Ireland Limited, another wholly owned ACG subsidiary, for general corporate purposes. These include capital expenditure, the payment or refinancing of existing debt, working capital requirements, and costs associated with the facility.
The facility was arranged by DBS Bank Ltd., The Bank of East Asia, Cathay United Bank, China Construction Bank Corporation, CTBC Bank, Industrial and Commercial Bank of China, and Oversea-Chinese Banking Corporation. DBS Bank acted as Global Coordinator, while Wilmington Trust (London) Limited has been appointed as facility agent on behalf of the lenders.
