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ACG issues $255 million notes

12 April 2010

Aviation Capital Group, owned by US insurance company Pacific Life, issues an unsecured deal that is three times oversubscribed.

Read more: Aviation Capital Group lessor unsecured notes BNP Paribas Citi. Stephen Hannahs

Aviation Capital Group leasing company issued $255 million of unsecured notes on April 8. BNP Paribas and Citi are arrangers.

The notes were issued in three tranches of five, seven and 10-year bullet maturities....


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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