Aviation

June 13, 2019
 

Aircastle prices senior notes

Lessor Aircastle on 10 June announced the pricing of $650 million of 4.250% senior notes due 15 June 2026 at an issue price of 99.515%.

Moody’s Investors Service has assigned a Baa3 rating to the debt offering.

Aircastle plans to use offering proceeds for general corporate purposes, which may include refinancing debt.

JP Morgan Securities, BNP Paribas Securities, Crédit Agricole CIB and Wells Fargo Securities are acting as joint book-running managers for the debt offering.