Aviation Capital Group redeems securitization

Aviation Capital Group has redeemed in full all classes of its USD1.86 billion asset backed securitization issued in 2005, the company said.

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.