| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for FLY Leasing Ltd. > News item |
FLY launches extension of $410 million term loan at Libor plus 275 bps
By Sara Rosenberg
New York, Oct. 6 – FLY Leasing launched on its call on Thursday an extension of its $410 million term loan to February 2022 from August 2019, according to a market source.
Pricing on the extended term loan is unchanged from current pricing of Libor plus 275 basis points with a 0.75% Libor floor, the source said.
The extended term loan will have 101 soft call protection for six months.
Lenders are being offered a 25 bps fee for the extension, the source added.
RBC Capital Markets is the lead on the deal.
Commitments are due on Oct. 14.
FLY Leasing is a Dublin-based aircraft lessor.
© 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.