Avia Solutions Group (ASG) in Lithuania has announced its bond for USD 300 million has debuted in the European high yield bond market, the company said.
ASG became the second company from Lithuania to achieve such results in bond issue. Its USD 300 million of senior unsecured notes attracted institutional investors in the UK, USA, EU and Asia.
With the reasonable conditions, which included 7.85 USD interest and an opportunity to sell or refinance the five-year notes after two years, the issue was closed on the 3rd of December.
Avia Solutions Group is a global multi-service aviation holding and an aerospace servicing company.