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Intrepid Aviation markets $125 million two-year notes via Jefferies; pricing this week
By Paul A. Harris
Portland, Ore., June 22 – Intrepid Aviation Group Holdings, LLC is marketing a $125 million offering of non-rated two-year senior notes, according to an informed source.
The Rule 144A and Regulation S for life deal is expected to price during the June 22 week.
Jefferies LLC is the bookrunner.
The notes become callable after one year at par plus 50% of the coupon.
The Stamford, Conn.-based commercial aircraft leasing company plans to use the proceeds for general corporate purposes, including the purchase of aircraft.
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