Avolon extends notes offering by $400m

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Andy Cronin CEO of Avolon

Avolon Holdings Limited’s subsidiary, Avolon Holdings Funding Limited, priced a private offering of 6.375pc senior unsecured notes due 2028 for a principal aggregate amount of US$400m.

The offering is an extension of the initial notes issued earlier in May 2023 and will have the same CUSIP number, making them fungible with the existing notes.

The proceeds from the offering will be used for general corporate purposes, including the potential repayment of outstanding debts.

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