Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, continues to manage its capital structure through the COVID-19 pandemic. In relation to the Avation Capital S.A. 6.5% senior notes due 2021 issued under Avation's global medium term note programme, t he Company has retained PJT Partners as financial advisor and DLA Piper as legal advisor to assist with a collaborative dialogue with bondholders.

The Company kindly asks bondholders to disclose their holdings to the Company's Identification Agents, D.F. King and Orient Capital, to facilitate this dialogue.

Bondholders interested in participating are requested to contact PJT Partners using the contact details provided below. Bondholders do not need to restrict themselves from trading in order to make contact with PJT Partners.