Griffin Global Asset Management has closed of an offering of $400 million senior unsecured notes at par via its subsidiary GGAM Finance.
The transaction comprises $400 million of 6.875% senior unsecured notes due 2029 guaranteed by Griffin Global Asset Management Holdings and certain of its subsidiaries.
Proceeds from the issuance will be used for general corporate purposes, which includes potential financing of new aircraft deliveries and future repayment of outstanding indebtedness.
ISIN: USG3856WAE15