Signature Aviation to redeem $500 million 5 3/8% notes due 2026

By Wendy Van Sickle

Columbus, Ohio, April 30 – Signature Aviation US Holdings, Inc. plans to redeem its outstanding $500 million of 5 3/8% senior notes due 2026 on June 1, according to a news release.

The redemption price is 102.6875 plus interest.

The redemption is being made in connection with, and is conditioned upon, the consummation of the previously announced proposed acquisition of the entire issued and to be issued share capital of Signature, other than shares in Signature owned or controlled by Cascade Investment, LLC and the Bill & Melinda Gates Foundation Trust, by Brown Bidco Ltd. and Brown Group Holding, LLC.

Signature Aviation is a London-based aviation services company.

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