SMBC Aviation closes senior unsecured notes offering

SMBC Aviation Capital´s wholly owned subsidiary, SMBC Aviation Capital Limited DAC, has closed the sale of USD500 million of its 2.65% senior unsecured notes due 2021, the company said.

The notes are fully and unconditionally guaranteed by SMBC Aviation Capital. The company said proceeds from the offering will be used for general corporate purposes, which may include, among other things, the purchase of aircraft and the repayment of existing indebtedness.

SMBC Aviation Capital is an aircraft leasing company.