debt
confidence high
sentiment neutral
materiality 0.50
Aircastle issues $500M 5.750% Senior Notes due 2031 for general corporate purposes
Aircastle LTD
- $500M aggregate principal of 5.750% Senior Notes due 2031 issued at 99.640% of par.
- Notes mature Oct 1, 2031; interest payable semi-annually starting Apr 1, 2025.
- Proceeds to be used for aircraft acquisitions and refinancing existing debt.
- AIDAC fully guarantees both new and existing notes, ranking pari passu.
- Notes sold under Rule 144A/Regulation S; not registered with SEC.