Corporate ActionMay 15, 2026, 06:32 AM
FTAI Aviation to Redeem All 4.2M Series C Preferred Shares
AI Summary
FTAI Aviation Ltd. announced it will redeem all 4,200,000 of its outstanding 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares. The redemption price is $25.00 per share in cash, plus accumulated and unpaid distributions up to the redemption date. The redemption is scheduled for June 15, 2026, with distributions for that date already declared.
Key Highlights
- FTAI Aviation to redeem all 4,200,000 outstanding 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares.
- Redemption price is $25.00 per Series C Share in cash.
- Redemption date is June 15, 2026.
- Accumulated and unpaid distributions will be paid up to, but not including, the redemption date.
- Distributions payable on June 15, 2026, have already been declared.
- Series C Shares trade under the ticker symbol ".FTAIN."
- Notice of Full Redemption sent to holders on May 15, 2026.
Price Impact
More from FTAI