debt
confidence high
sentiment positive
materiality 0.50
Aircastle redeems all $500M 5.50% Senior Notes due 2022, total payment $525.9M
Aircastle LTD
- Redeemed $500M aggregate principal of 5.50% Senior Notes due 2022 on July 30, 2021.
- Total redemption payment was $525,918,407.17, including premium of 102.66% and accrued interest.
- Upon deposit, the supplemental indenture was satisfied and discharged; company released from obligations.
- Reduction of debt eliminates future interest expense on these notes.