Avolon Announces Pricing Of US$650 Million Senior Unsecured Notes Offering
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US:NYSE Investor Relations:
orix.co.jp/grp/en/ir
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Source: Business Wire
US$650M Senior Unsecured Notes due 2026 DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, announces the successful pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$650 million of 5.50% senior unsecured notes due 2026 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries.The Offering is expected to close on or about 29 September, 2020, subject to customary closing conditions. Net proceeds from the Offering will be used for general corporate purposes, which may include the future repayment of outstanding indebtedness.The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration unde
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