secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Aviation Ltd. (FTAI)
CIK:        0001590364
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001140361-24-030343
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI issues $800M 7% senior notes due 2032; extends tender offer for 9.75% notes
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- Issued $800M of 7.000% Senior Notes due 2032; net proceeds to repay revolver, fund internalization fee, and repurchase up to $300M of 9.750% notes due 2027.
- Tender offer for 9.750% notes extended: early tender deadline now June 18, 2024; expiration extended to July 5, 2024.
- As of original deadline, $258.468M aggregate principal of 9.750% notes had been tendered.
- Notes are senior unsecured, guaranteed by FTAI Aviation; callable at make-whole until June 2027, then declining premiums.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590364/000114036124030343/0001140361-24-030343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590364/000114036124030343/ny20031133x1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-030343

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