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Aircastle proposes offering of USD400m senior notes

13 March 2014

Aircastle Ltd. (NYSE: AYR) reported that it plans to offer an aggregate of USD400m principal amount of its senior notes due 2021.

Aircastle said it plans to use the net proceeds of the offering, together with cash on hand, to fund the repayment or redemption of its 9.75 percent senior notes due 2018.

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 acquires, leases and sells commercial jet aircraft to airlines throughout the world. Its website is at


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