Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Aircastle Ltd. > News item |
Aircastle to sell $400 million seven-year bullet in Monday drive-by
By Paul A. Harris
Portland, Ore., Jan. 12 – Aircastle Ltd. plans to price a $400 million offering of non-callable seven-year senior notes (expected ratings Ba2/BB+/) on Monday following a late-morning conference call with investors, according to a market source.
J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Citigroup Global Markets Inc., Credit Agricole CIB, Deutsche Bank Securities Inc., Goldman Sachs & Co., MUFG and RBC Capital Markets are the joint bookrunners for the public offering.
The Stamford, Conn.-based company plans to use the proceeds for general corporate purposes, including possible debt repayment.
Aircastle acquires, leases and sells commercial jet aircraft to airlines.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.