Loan & DebtApr 28, 2026, 04:37 PM
AYR Prices $650M 5.000% Senior Notes Due 2031
AI Summary
Aircastle Limited and its subsidiary, Aircastle (Ireland) Designated Activity Company, announced the pricing of $650 million aggregate principal amount of 5.000% Senior Notes due 2031. The notes were priced at 99.636% and are expected to close on April 28, 2026. The net proceeds from the offering are intended for general corporate purposes, including the acquisition of aircraft and refinancing existing indebtedness. The notes are unsecured senior obligations, guaranteed by Aircastle Advisor LLC.
Key Highlights
- Aircastle priced $650 million aggregate principal amount of Senior Notes.
- The notes carry an interest rate of 5.000% and are due in 2031.
- The issue price for the notes is 99.636%.
- The offering is expected to close on April 28, 2026.
- Net proceeds will be used for general corporate purposes, including aircraft acquisition and refinancing existing debt.
- The notes are unsecured senior obligations, guaranteed by Aircastle Advisor LLC.
- Securities were offered to qualified institutional buyers under Rule 144A and outside the US under Regulation S.