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Aircastle to issue $300 million unsecured notes
27 July 2010
The senior unsecured notes due 2018 are to be used to repay debt for its term loan financing and new aircraft.
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Aircastle
senior unsecured notes
Citicorp North America
Airbus A330-200
Sri Lankan Airlines
Boeing 737-800
Aircastle plans to offer $300 million senior unsecured notes due in 2018. The US lessor, based in Stamford, Connecticut, will use the proceeds from the private placement to repay the debt for a $110 million term loan.
The proceeds will also pay for any amounts drawn under a $75 million secured facility with Citicorp North America, as...
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