Aircastle Limited ("Aircastle") announced today the pricing of $650 million aggregate principal amount of its 5.950% Senior Notes due 2029 (the "Notes") at an issue price of 99.391%. Aircastle plans to use the net proceeds of the offering for general corporate purposes, which may include the acquisition of aircraft, as well as refinancing a portion of its existing indebtedness. The offering is expected to close on January 22, 2024, subject to the satisfaction of customary closing conditions.
The Notes were offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.