STAMFORD, Conn., March 6, 2017 /PRNewswire/ -- Aircastle
Limited (NYSE: AYR) ("Aircastle") announced today the pricing of
$500 million aggregate principal
amount of its 4.125% senior notes due 2024 (the "notes"). The
notes were priced at par. Aircastle plans to use the net
proceeds of the offering for general corporate purposes, which may
include the acquisition of aircraft or the refinancing of its
existing indebtedness. The offering is expected to close on
March 20, 2017, subject to the
satisfaction of customary closing conditions.
Citigroup Global Markets Inc., BNP Paribas Securities Corp.,
Credit Agricole Securities (USA)
Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P.
Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc. and RBC Capital Markets, LLC are
acting as joint book-running managers for the offering.
Aircastle has filed a registration statement (including a base
prospectus) and a prospectus supplement with the Securities and
Exchange Commission (the "SEC") for the offering of the notes.
Before you invest, you should read the base prospectus and
prospectus supplement relating to the notes and the other documents
Aircastle has filed with the SEC for more complete information
about Aircastle and the notes. You may obtain these documents for
free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, the prospectus supplement and accompanying base
prospectus may be obtained by contacting Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by calling (800)
831-9146.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the notes nor does it
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale is unlawful. The notes may
be offered only by means of a prospectus supplement and
accompanying base prospectus.
Safe Harbor
Certain statements in this press release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including, but not limited to, our intention to
consummate the offering and issue the notes, our expectation
regarding the aggregate principal amount of notes to be sold and
the intended use of proceeds of the offering. Words such as
"anticipates," "expects," "intends," "plans," "projects,"
"believes," "may," "will," "would," "could," "should," "seeks,"
"estimates" and variations on these words and similar expressions
are intended to identify such forward-looking statements. The
consummation of the offering is subject to market conditions and
other factors that are beyond our control. Accordingly, no
assurance can be given that the offering will be completed on the
contemplated terms or at all and you should not place undue
reliance on any forward-looking statements contained in this press
release. For a discussion of some of the risks and important
factors that could affect such forward-looking statements, see
Aircastle's filings with the SEC and previously disclosed under
"Risk Factors" in Item 1A of Aircastle's 2016 Annual Report on Form
10-K. In addition, new risks and uncertainties emerge from time to
time, and it is not possible for Aircastle to predict or assess the
impact of every factor that may cause its actual results to differ
from those contained in any forward-looking statements. Such
forward-looking statements speak only as of the date of this press
release. Aircastle expressly disclaims any obligation to revise or
update publicly any forward-looking statement to reflect future
events or circumstances.
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet
aircraft to airlines throughout the world. As of December 31, 2016, Aircastle owned and managed on
behalf of its joint ventures 206 aircraft leased to 71 customers
located in 36 countries.
Contacts:
|
|
|
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Aircastle Advisor
LLC
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The IGB
Group
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Frank Constantinople,
SVP Investor
Relations
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Leon
Berman
|
Tel:
+1-203-504-1063
|
Tel:
+1-212-477-8438
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fconstantinople@aircastle.com
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lberman@igbir.com
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For more information on Aircastle, please visit
www.aircastle.com.
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SOURCE Aircastle Limited