Avolon closes $1.75bn senior unsecured notes offering

victoria@aviationnews-online.com
By victoria@aviationnews-online.com January 9, 2020 15:46

Avolon closes $1.75bn senior unsecured notes offering

Avolon has closed a $1.75 bn private offering, comprising $1.1 billion of 2.875% senior unsecured notes due 2025 and $650 million of 3.25% senior unsecured notes due 2027. The notes are fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries.

Net proceeds from the offering will be used for general corporate purposes, which may include the future repayment of outstanding secured indebtedness.

victoria@aviationnews-online.com
By victoria@aviationnews-online.com January 9, 2020 15:46