Aviation Capital Group has extended the maturity of its $1.5 billion senior unsecured revolving facility by two years.
The facility now expires in 2022, the California-based lessor says in a statement.
"This five year committed facility marks a milestone first for our company and maintains ACG at the forefront of innovation in our industry,” says Matthew Novell, assistant vice-president of treasury at ACG, in the statement.
JP Morgan is the administrative agent of the revolver.
ACG has $1.72 billion in revolving credit from 23 financial institutions available, it says.
Source: Cirium Dashboard
