Aviation Capital Group Announces Inaugural Sustainability-Linked Loan

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced today the closing of its inaugural sustainability-linked loan. The $550 million senior unsecured term loan matures in October 2027 and was entered into with a syndicate of lenders. The term loan includes an accordion feature that allows ACG to request up to $300 million of additional lender commitments.

In alignment with the Company’s ESG goals, this loan contains sustainability-linked terms pursuant to which ACG will receive pricing adjustments based on its performance against two Key Performance Indicators (KPIs) – increasing the share of new generation aircraft in ACG’s fleet and reducing the carbon intensity of its owned fleet.

“We are proud to close our inaugural sustainability-linked loan, a significant milestone in aligning our financing strategy with ACG’s long-term commitment to sustainability,” said Gordon Grant, Vice President and Head of ESG at ACG. “This facility reinforces our efforts to reduce the carbon intensity of our fleet and increase our share of new generation aircraft, driving positive environmental impact across the aviation industry.”

Mizuho Bank, Ltd., BMO Capital Markets Corp., BNP Paribas Securities Corp., City National Bank and Wells Fargo Securities, LLC acted as Joint Lead Arrangers for the term loan. Mizuho Bank, Ltd. acted as Administrative Agent and Mizuho Bank, Ltd. and BNP Paribas Securities Corp. acted as Co-Sustainability Structuring Agents.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of July 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit www.aviationcapitalgroup.com.

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