Avolon Announces Pricing of US$1 Billion Senior Unsecured Notes Offering
08 Mayo 2024 - 5:10PM
Business Wire
Avolon Holdings Limited (“Avolon”), a leading global aviation
finance company, announces the pricing of a private offering (the
“Offering”) by its wholly owned subsidiary, Avolon Holdings Funding
Limited, for a principal aggregate amount of US$1 billion of 5.750%
senior unsecured notes due 2029 (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 15 May 2024,
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 under the
Securities Act and applicable state securities laws. The Notes will
be offered in the United States only to qualified institutional
buyers under Rule 144A of the Securities Act and outside the United
States under Regulation S of the Securities Act.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there by
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration,
qualification, or an exemption under the securities laws of any
such jurisdiction.
ENDS
About Avolon
Avolon is a leading global aviation finance company connecting
capital with customers to drive the transformation of aviation and
the economic and social benefits of global travel. We pride
ourselves on our deep customer relationships, our collaborative
team approach, and our fast execution. We invest with a long-term
perspective, diversifying risk and managing capital efficiently to
maintain our strong balance sheet. Working with 145 airlines in 64
countries, Avolon has an owned, managed, and committed fleet of
1,033 aircraft, as of 31 March 2024.
Note Regarding Forward-Looking Statements
This document includes forward-looking statements, beliefs or
opinions, including statements with respect to Avolon’s business,
financial condition, results of operations and plans. These
forward-looking statements involve known and unknown risks and
uncertainties, many of which are beyond our control and all of
which are based on our management’s current beliefs and
expectations about future events. Forward-looking statements are
sometimes identified by the use of forward-looking terminology such
as “believe,” “expects,” “may,” “will,” “could,” “should,” “shall,”
“risk,” “intends,” “estimates,” “aims,” “plans,” “predicts,”
“continues,” “assumes,” “positioned” or “anticipates” or the
negative thereof, other variations thereon or comparable
terminology or by discussions of strategy, plans, objectives,
goals, future events or intentions. These forward-looking
statements include all matters that are not historical facts,
including with respect to the closing of the Offering.
Forward-looking statements may and often do differ materially from
actual results. No assurance can be given that such future results
will be achieved. Avolon does not intend, and undertakes no duty,
to update any information contained herein to reflect future events
or circumstances, except as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240508454742/en/
David Breen / Joe Brennan Avolon Investor Relations
ir@avolon.aero T: +353 1 231 5800
Douglas Keatinge Avolon Head of Communications
dkeatinge@avolon.aero T: +353 86 037 416