Grupo Aeromexico buys back $61.08 million of 8½% notes due 2027

By Mary-Katherine Stinson

Lexington, Ky., Oct. 3 – Grupo Aeromexico SAPI de CV as of Sept. 29 completed a partial repurchase and cancellation totaling $61,083,000 of its 8½% senior secured notes due 2027, according to a notice.

The amount is comprised of a total nominal amount of $35,165,000 of the Rule 144A notes (Cusip: 40054JAA7), a total nominal amount of $12,686,000 of the IAI notes (Cusip: 40054JAB5) and a total nominal amount of $13,232,000 of the Regulation S notes (Cusip: P4955JAA6), representing about 8% of the notes before cancellation.

The redemption leaves $701,417,000 of the 2027 notes outstanding, broken down as follows: $260,248,000 of the Rule 144A notes; $37,314,000 of the IAI notes and $403,855,000 of the Regulation S notes.

Grupo Aeromexico, a holding company for commercial aviation, is based in Mexico City.

© 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.