secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Aviation Ltd. (FTAI)
CIK:        0001590364
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001140361-23-054468
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Aviation subsidiary closes $500M 7.875% senior notes offering due 2030
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- $500M aggregate principal of 7.875% senior unsecured notes, maturing December 1, 2030.
- Net proceeds to repay outstanding revolving borrowings with JPMorgan and for general corporate purposes.
- Interest payable semi-annually on June 1 and December 1, starting June 1, 2024.
- Redeemable at 103.938% on Dec 1, 2026, declining to 100% by Dec 1, 2028; change-of-control put at 101%.
- Notes fully and unconditionally guaranteed by FTAI Aviation Ltd.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590364/000114036123054468/0001140361-23-054468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590364/000114036123054468/ef20015109_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-054468

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