BBA Bba Aviation Plc

TIDMBBA

RNS Number : 0435S

BBA Aviation PLC

01 November 2019

1 November 2019

Completion of bond issue

Following the announcement on 30 October 2019, BBA Aviation together with its subsidiaries (the "Group") has closed the $650m senior unsecured notes transaction. The notes are due 2028 at 4.00%.

Notes:

The Group will publish a trading update for the year to 31 October 2019 on 13 November 2019.

Enquiries:

BBA Aviation plc

David Crook, Group Finance Director

Kate Moy, Head of Investor Relations and Communications

(020) 7514 3999

Tulchan Communications

David Allchurch

(020) 7353 4200

Information on BBA Aviation plc

BBA Aviation plc is a market leading, global aviation support and aftermarket services provider, primarily focused on servicing the Business and General Aviation (B&GA) market. We support our customers through our principal business Signature and Global Engine Services/Engine Repair and Overhaul (ERO).

Signature, including Signature FBO, TECHNICAir(TM) and EPIC Fuels, provides premium, full-service flight and home base support including refuelling, ground handling and MRO services through the world's largest fixed base operation (FBO) network for B&GA users with around 200 locations covering key destinations in North America, Europe, South America, Caribbean, Africa and Asia. EPIC Fuels is a provider of aviation fuels, supplies and services operating at more than 200 locations.

On 1 March 2018 BBA Aviation announced that it was conducting a strategic review of the ERO business and, at the end of May 2018, management committed to a plan to sell substantially all of the business and the relevant assets and liabilities were classified as held for sale. The sale process is ongoing.

For more information, please visit www.bbaaviation.com

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November 01, 2019 12:01 ET (16:01 GMT)

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