3 December 2013
FLY Leasing Ltd. (NYSE: FLY) said it intends to offer and sell USD250m in aggregate principal amount of its senior unsecured notes in an underwritten public offering.
The offering is being made pursuant to an effective shelf registration statement on file with the US Securities and Exchange Commission. The net proceeds from the sale of the notes will be used for general corporate purposes, including the acquisition of aircraft.
Jefferies LLC is acting as the book-running manager for the proposed offering.
FLY acquires and leases modern, high-demand and fuel-efficient commercial jet aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. FLY is managed and serviced by BBAM LP. The company´s website is at www.flyleasing.com.