debt
confidence high
sentiment neutral
materiality 0.60
FTAI Aviation subsidiary prices $500M senior notes at 7.875% due 2030
FTAI Aviation Ltd.
- $500M aggregate principal, 7.875% interest, issue price 99.333% of principal, due 2030.
- Proceeds to repay revolver with JPMorgan and for general corporate purposes including acquisitions.
- Notes offered via Rule 144A and Regulation S, not registered under Securities Act.
- Fully and unconditionally guaranteed by FTAI Aviation on a senior unsecured basis.