Avolon Holdings Limited has announced a private offering of $1.15bn worth of senior unsecured notes, with a 5.75pc interest rate, due 2029.
The notes will be guaranteed by Avolon and certain subsidiaries.
The offering is expected to close on or about January 25, 2024, and the proceeds will be used for general corporate purposes, including the repayment of outstanding debt.
The notes will be offered to qualified institutional buyers in the United States under Rule 144A and outside the United States under Regulation S, but they will not be registered under the US Securities Act.
