Aircastle prices $650 million aggregate principal amount of senior notes

Aircastle has priced $650 million aggregate principal amount of its 5.950% senior notes due 2029 at an issue price of 99.391%. The aircraft lessor plans to use the net proceeds of the offering for general corporate purposes, which may include the acquisition of aircraft, as well as refinancing a portion of its existing indebtedness. The notes were offered in the US, with the offering expected to close on January 22, 2024, subject to the satisfaction of customary closing conditions.