Aviation Capital Group expands unsecured revolving credit facility

Aviation Capital Group has increased its senior unsecured revolving credit facility with DBS Bank Ltd. as administrative agent by USD 60 million to USD 220 million and extended the maturity to December 28, 2019, the company said.

Together with its other senior unsecured revolving credit facility, ACG has USD 1.165 billion of revolving commitments from 21 banks globally.

Aviation Capital Group is one of the world´s premier full service aircraft asset managers with over 390 owned, managed and committed aircraft, which are leased to approximately 100 airlines in over 45 countries. ACG was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company.