Avolon has issued $950 million senior unsecured notes due 2023 via its subsidiary Park Aerospace Holdings (Park), priced at 4.500%, at par, and $300 million senior notes due 2021 priced at 3.625%, also issued at par. The notes have been rated Ba3 by Moody’s while Kroll Bond Rating Agency (KBRA) has assigned the bonds a senior unsecured rating of BBB with a Stable Outlook. The notes will be fully and unconditionally guaranteed by Avolon and by certain of the aircraft-owning subsidiaries of Park Aerospace Holdings. The offering is expected to close on or about September 25, 2017. Avolon intends to

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