FLY Leasing prices $400m unsecured notes
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- Published on Thursday, 25 September 2014 11:42
FLY Leasing announces pricing of senior unsecured notes offering.
FLY Leasing Limited, a global lessor of modern commercial jet aircraft, today announced the pricing of $400 million aggregate principal amount of senior unsecured notes, consisting of $75 million aggregate principal amount of 6.750% senior notes due 2020 and $325 million aggregate principal amount of 6.375% senior notes due 2021.
FLY plans to use the net proceeds of the offering for general corporate purposes, including the acquisition of aircraft.
Jefferies LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and RBC Capital Markets, LLC acted as the joint book-running managers for the offering.
Source and image: FLY Leasing
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