Dublin-based Avolon Holdings Limited, the world’s second largest aviation leasing company, has announced a private offering through its subsidiary Avolon Holdings Funding Limited, totalling $850m in senior unsecured notes with a 5.375pc interest rate due in 2030.
The offering is set to close on or about 27 March 2025 and is subject to standard closing conditions.
Proceeds from the offering will be allocated for general corporate purposes, potentially including the repayment of existing debt.
The notes will not be registered under the U.S. Securities Act of 1933 and can only be sold to qualified institutional buyers in the U.S. and under Regulation S outside the U.S.
The announcement clarifies that it does not represent an offer or solicitation to buy securities in jurisdictions where it would be unlawful prior to registration or exemption.
