AviLease to raise €781m through 4.75pc offer

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Edward O'Byrne CEO of Avilease
Edward O’Byrne CEO of Avilease

AviLease has revealed the pricing of €781m aggregate principal amount of 4.75pc senior unsecured notes due 2030 through AviLease Capital Limited.

The notes carry a fixed coupon of 4.75pc per annum, payable semi-annually, with maturity in November 2030.

The offering attracted over 3.75 times oversubscription from global investors and closes on 12 November. Notes receive Baa2 rating from Moody’s and BBB from Fitch, matching AviLease corporate ratings. The proceeds will support general corporate purposes as AviLease expands funding options.

Edward O’Byrne shared “We are delighted to open the unsecured debt capital markets as a new funding channel for AviLease, following the corporate ratings we obtained from Moody’s and Fitch earlier this year. This is an important new chapter for the company, as we materially enhance the depth, diversity and flexibility of our funding toolkit. We thank the investor community for the tremendous support and look forward to becoming a regular issuer as we continue to grow in line with our investment-grade trajectory.”

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