April 16, 2019

SMBC Aviation closes debt offering

SMBC Aviation Capital Finance closed in April the sale of $500 million of 3.55%, five-year senior unsecured notes, due to mature on 15 April 2024.

The notes are fully and unconditionally guaranteed by SMBC Aviation Capital.

Proceeds of the offering will be used for general corporate purposes that may include, among other things, purchase of aircraft and repayment of debt.

Joint book-running managers are Citi, Crédit Agricole CIB, Goldman Sachs, JP Morgan, RBC Capital Markets and SMBC Nikko Capital Markets.