SMBC Aviation Capital :: SMBC Aviation Capital closes $650 million senior unsecured bond offering
Summary
Dublin, 5th May 2023: SMBC Aviation Capital, one of the worlds leading aircraft leasing companies, today announced that its wholly owned subsidiary, SMBC Aviation Capital Finance DAC, has closed the sale of $650 million principal amount of 5.450%, five-year senior unsecured notes due May 2028 (the Notes). The strength and size of the orderbook for this issuance demonstrates the investor appetite for SMBC Aviation Capital and further strengthens our strong financial position. Our ongoing strong shareholder support, our ability to access debt financing from multiple funding avenues and our high-quality portfolio and customer base, continue to be key competitive advantages.SMBC Aviation Capital is the second largest aircraft lessor globally by number of aircraft and benefits from the strong support of its shareholders Sumitomo Mitsui Financial Group and Sumitomo Corporation. SMBC Aviation Capital has a strong capital position and holds an A- and BBB+ rating with S&P and Fitch respectively, reflecting the long-term strength of its business.For more information please contact: Conor Irwin, SMBC Aviation Capital +353 87 3816106 Dara OSullivan, SMBC Aviation Capital +353 86 021 0135 Richard Webster-Smith, FGS Global +44 20 7251 3801 Theo Davies-Lewis, FGS Global +44 20 7251 3801Based in the IFSC in Dublin Ireland, SMBC Aviation Capital is the second largest aircraft operating lease company globally by number of aircraft, with an owned, managed and committed fleet of just under 900 aircraft. For additional information, please visit SMBC Aviation Capitals website at https://www.smbc.aero/