Aircastle LTD (AYR): debt financing — Aircastle issues $650M of 6.500% Senior Notes due 2028

Aircastle LTD

$650M aggregate principal of 6.500% Senior Notes due 2028; issued at 99.815% of par.
Net proceeds to fund aircraft acquisitions and refinance a portion of existing indebtedness.
Make-whole redemption permitted until June 18, 2028; thereafter at par plus accrued interest.
Upon a change of control triggering event, holders may require repurchase at 101% of principal plus accrued interest.
Notes offered to qualified institutional buyers under Rule 144A and outside U.S. under Regulation S; not registered.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Aircastle LTD incurred senior notes of $650 million with Computershare Trust Company, N.A. at 6.500% maturing July 18, 2028.

Instrument: senior notes
Principal: $650 million
Counterparty: Computershare Trust Company, N.A.
Rate: 6.500%
Maturity: July 18, 2028
Event: incurrence

Exact text from the filing

On July 18, 2023, Aircastle Limited (the “Company”) issued $650 million aggregate principal amount of the Company’s 6.500% Senior Notes due 2028 (the “Notes”) pursuant to an Indenture, dated as of July 18, 2023 (the “Indenture”), between the Company and Computershare Trust Company, N.A., as trustee for the Notes.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Aircastle LTD entered into Indenture with Computershare Trust Company, N.A. valued at $650 million aggregate principal amount (effective 2023-07-18).

Action: entry
Agreement: notes offering
Counterparty: Computershare Trust Company, N.A.
Value: $650 million aggregate principal amount
Effective: 2023-07-18

Exact text from the filing

On July 18, 2023, Aircastle Limited (the “Company”) issued $650 million aggregate principal amount of the Company’s 6.500% Senior Notes due 2028 (the “Notes”) pursuant to an Indenture, dated as of July 18, 2023 (the “Indenture”), between the Company and Computershare Trust Company, N.A., as trustee for the Notes.

View on SEC.gov

Browse all debt financings →

Aircastle LTD filing history →

Source: SEC EDGAR

accession 0001193125-23-188887

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.