Aircastle prices USD500m of senior notes

13 March 2014

Aircastle Ltd. (NYSE: AYR) said it has prices USD500m aggregate principal amount of 5.125 percent senior notes due 2021.

The notes were priced at par. Aircastle plans to use the net proceeds of the offering to fund the repayment or redemption of its 9.75 percent senior notes due 2018 and for general corporate purposes.

Goldman, Sachs & Co., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.

Aircastle Ltd. acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of December 31, 2013, Aircastle´s aircraft portfolio consisted of 162 aircraft on lease with 64 customers located in 37 countries. Its website is at aircastle.com

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Comments are closed.

Powered by WordPress