NAC Aviation 29 announces commencement of Partial Notes Tender Offer and Term Loan B Offer

NAC Aviation 29 has commenced an offer to purchase an amount up to the Tender Cap of its 4.75% Senior Secured Notes due June 30, 2026 at a purchase price per $1,000. The maximum aggregate amount (at face value) of NAC 29 debt to be purchased by the company pursuant is $80 million (the ‘Tender Cap’). The accepted bid price range is $875.00 to $905.00 per $1,000.00 principal amount of NAC 29 debt. The notes offer is scheduled to expire at 5:00 p.m., New York City time, on August 22, 2023, unless extended or earlier terminated. Concurrently, the company is