Aviation Capital Group (ACG) has announced the sale of a portfolio of aircraft to a financial investor, the company said.
The mid-life portfolio consists of in-production A320 and B737 family aircraft. The aircraft are on lease to a globally diverse group of airlines.
R.W. Pressprich & Co. acted as the special seller advisor and exclusive placement agent of the equity for this transaction.
Aviation Capital Group, the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, is a full service aircraft asset manager with approximately 415 owned, managed, and committed aircraft leased to approximately 90 airlines in approximately 40 countries.
R.W. Pressprich is an institutional broker/dealer established in 1909 and headquartered in New York City. With branch offices in Boston, Chicago, and Minneapolis, the company provides a research-oriented approach for institutional investors. The Pressprich Aviation Finance team, based in Minneapolis, leverages an institutional sales force of 50 specialists with a network of relationships covering North America, Europe and Asia.
