secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Aviation Ltd. (FTAI)
CIK:        0001590364
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001140361-24-017145
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Aviation announces $650M private offering of senior notes due 2031 and tender offer for 2025 notes
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- FTAI LLC commences private offering of $650M aggregate principal amount of senior notes due 2031.
- Proceeds from offering, with cash on hand, to fund tender offer for any and all $650M 6.50% Senior Notes due 2025.
- Tender offer for 2025 notes at $1,000 per $1,000 principal plus accrued interest, expires April 8, 2024.
- The tender offer is conditioned on raising gross proceeds from new notes satisfactory to the Company.
- As of March 28, 2024, FTAI LLC had $175M borrowings outstanding and $125M capacity under revolving credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590364/000114036124017145/0001140361-24-017145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590364/000114036124017145/ef20025717_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-017145

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