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Aviation Capital Group Assigned ‘Baa2’ Rating by Moody’s

NEWPORT BEACH, Calif. (Dec. 5, 2019) – Aviation Capital Group LLC (“ACG”) announced today that it has been assigned issuer and senior unsecured debt ratings of ‘Baa2’ by Moody’s Investors Service.

Moody’s highlighted in its press release that the ‘Baa2’ rating reflects ACG’s long history of profitable operations in commercial aircraft leasing, high quality fleet composition, diverse funding sources and effective liquidity management.

“Having worked with Moody’s on the aviation leasing industry and ACG since the early 2000s, we have found them to be well informed, with keen insights and intelligent in their views about our industry.  We are elated to have a Moody’s rating that reflects the financial strength, soundness and security that is ACG,” said Khanh T. Tran, president and CEO of ACG.

About Aviation Capital Group

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of September 30, 2019, which are leased to approximately 90 airlines in approximately 45 countries.

NEWPORT BEACH, Calif. (Jan 4, 2021) – On December 24, 2020, Aviation Capital Group LLC (“ACG”) closed a $500 million unsecured loan with Mizuho Bank Ltd. The loan matures in December 2023 and is supported by an Overseas Untied Loan Insurance policy from Nippon Export and Investment Insurance (“NEXI”), the official export credit agency of Japan. Tokyo Century Corporation helped arrange, lead, and support the transaction.

“This transaction is another significant milestone for ACG as we continue to diversify our funding sources,” said Madhu Vijay, Executive Vice President and CFO of ACG. “We are very appreciative of Mizuho’s continued support of ACG and Tokyo Century, and grateful to our parent, Tokyo Century, for their key role in identifying and arranging NEXI support for this transaction.”

About Aviation Capital Group

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 450 owned, managed and committed aircraft as of September 30, 2020, which are leased to approximately 85 airlines in approximately 40 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

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Gordon Grant
Head of Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com