STAMFORD, Conn., March 21, 2016 /PRNewswire/ -- Aircastle
Limited (NYSE: AYR) ("Aircastle") announced today that it plans to
offer an aggregate of $400 million
principal amount of its senior notes due 2023 (the "notes").
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.
Deutsche Bank Securities Inc., BNP Paribas Securities Corp.,
Citigroup Global Markets Inc., Credit Agricole Securities
(USA) 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 preliminary 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 preliminary 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 preliminary prospectus supplement
and accompanying base prospectus may be obtained by contacting
Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall
Street, New York, New York 10005
or by calling (800) 503-9672.
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
All statements in this press release, other than
characterizations of historical fact, are forward-looking
statements within the meaning of the federal securities laws,
including the Private Securities Litigation Reform Act of 1995.
Examples of forward-looking statements include, but are 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 our historical performance and that of our
subsidiaries and on our current plans, estimates and expectations
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 such forward-looking statements which
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those anticipated as of
the date of this press release. These risks or uncertainties
include, but are not limited to, those described from time to time
in Aircastle's filings with the SEC and previously disclosed under
"Risk Factors" in Item 1A of Aircastle's 2015 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, 2015, Aircastle's aircraft portfolio
consisted of 162 aircraft on lease with 53 customers located in 34
countries.
For more information on Aircastle, please visit
www.aircastle.com.
Contact:
Aircastle Advisor LLC
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
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SOURCE Aircastle Limited