---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-003868"
form_type: "8-K"
ticker: null
cik: "0000894081"
company_name: "Air Transport Services Group, Inc."
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T04:31:14.789457+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ATSG subsidiary redeems $700M in notes conditioned on merger closing

## Summary
- Cargo Aircraft Management delivers conditional redemption notice for all $700M of 4.750% Senior Notes due 2028.
- Redemption set for April 11, 2025, conditional upon substantially concurrent completion of Stonepeak merger announced Nov 3, 2024.
- Redemption price: 100% of principal plus accrued interest to, but excluding, April 11, 2025.
- Merger with Stonepeak Nile MergerCo Inc., if completed, triggers this redemption under the Indenture.

## SEC filing metadata
- accession: 0000950103-25-003868
- form_type: 8-K
- cik: 0000894081
- company_name: Air Transport Services Group, Inc.
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894081/000095010325003868/0000950103-25-003868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894081/000095010325003868/dp226745_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-003868
- JSON: https://secwatch.observer/filing/0000950103-25-003868.json
- Plain text: https://secwatch.observer/filing/0000950103-25-003868.txt

## Key facts
- Debt Financings
  Air Transport Services Group, Inc. faced acceleration on senior notes of $700,000,000 with Regions Bank, as trustee at 4.750% maturing 2028.
  - Instrument: senior notes
  - Principal: $700,000,000
  - Counterparty: Regions Bank, as trustee
  - Rate: 4.750%
  - Maturity: 2028
  - Event: acceleration
  source text: On March 27, 2025, in accordance with the Indenture dated as of January 28, 2020 (the “ Base Indenture ”), among Cargo Aircraft Management, Inc., as issuer (the “ Issuer ”), Air Transport Services Group, Inc. (the “ Company ”), as guarantor, the subsidiary guarantors named therein and Regions Bank, as trustee (the “ Trustee ”), as supplemented by the First Supplemental Indenture dated April 13, 2021 (the “ First Supplemental Indenture ” and, together with the Base Indenture, the “ Indenture ”) relating to the Issuer’s $700,000,000 4.750% Senior Notes due 2028 (the “ 2028 Notes ”), the Trustee delivered notice of conditional redemption to the holders of the 2028 Notes, stating that the Issuer will redeem in full all $700,000,000 in aggregate principal amount of the outstanding 2028 Notes on April 11, 2025 (the “ Redemption Date ”), conditioned upon the substantially concurrent completion of the previously announced merger of the Company, with and into Stonepeak Nile MergerCo Inc. (“ Mer
  evidence_url: https://www.sec.gov/Archives/edgar/data/894081/000095010325003868/0000950103-25-003868-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.