STAMFORD, Conn., Dec. 2, 2013 /PRNewswire/ -- Aircastle
Limited (NYSE: AYR) ("Aircastle") announced today that it plans to
offer an aggregate of $300 million
principal amount of its senior notes due 2018 (the "notes").
Aircastle plans to use the net proceeds of the offering for
general corporate purposes, including the purchase of aviation
assets.
Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P.
Morgan Securities LLC and RBC Capital Markets, LLC are acting as
joint book-running managers for the offering.
Aircastle has filed a registration statement (including a
prospectus) and a preliminary prospectus supplement with the
Securities and Exchange Commission (the "SEC") for the offering of
the notes. Before you invest, you should read the prospectus and
preliminary prospectus supplement included in that registration
statement and 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 preliminary prospectus
supplement and prospectus may be obtained by contacting Citigroup
Global Markets Inc., Attention: Prospectus Department, Brooklyn
Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, telephone:
1-877-858-5407.
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 preliminary prospectus supplement
and accompanying base prospectus.
Safe Harbor
Certain items in this press release and other information we
provide from time to time, may constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 including, but not necessarily limited to,
statements relating to our proposed public offering of notes and
our ability to acquire, sell, lease or finance aircraft, raise
capital, pay dividends, and increase revenues, earnings, EBITDA,
Adjusted EBITDA and Adjusted Net Income and the global aviation
industry and aircraft leasing sector. 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. These statements are
based on management's current expectations and beliefs and are
subject to a number of factors that could lead to actual results
materially different from those described in the forward-looking
statements; Aircastle can give no assurance that its expectations
will be attained. Accordingly, you should not place undue reliance
on any forward-looking statements contained in this press release.
Factors that could have a material adverse effect on our operations
and future prospects or that could cause actual results to differ
materially from Aircastle's expectations include, but are not
limited to, capital markets disruption or volatility which could
adversely affect our continued ability to obtain additional capital
to finance new investments or our working capital needs; government
fiscal or tax policies, general economic and business conditions or
other factors affecting demand for aircraft or aircraft values and
lease rates; our continued ability to obtain favorable tax
treatment in Bermuda, Ireland and other jurisdictions; our ability
to pay dividends; high or volatile fuel prices, lack of access to
capital, reduced load factors and/or reduced yields, operational
disruptions caused by political unrest in North Africa, the Middle East or elsewhere, and other factors
affecting the creditworthiness of our airline customers and their
ability to continue to perform their obligations under our leases;
termination payments on our interest rate hedges; and other risks
detailed from time to time in Aircastle's filings with the
Securities and Exchange Commission ("SEC"), including as previously
disclosed in Aircastle's 2012 Annual Report on Form 10-K, and in
our other filings with the SEC, press releases and other
communications. 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 release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in its expectations with regard thereto or change in events,
conditions or circumstances on which any statement is based.
Contact:
Frank Constantinople
SVP Investor Relations
Tel: +1-203-504-1063
fconstantinople@aircastle.com
The IGB Group
Leon Berman
Tel: +1-212-477-8438
lberman@igbir.com
SOURCE Aircastle Limited